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BRIEF-Sophos hikes FY billings guidance
September 6, 2017 / 6:48 AM / 2 months ago

BRIEF-Sophos hikes FY billings guidance

Sept 6 (Reuters) - SOPHOS GROUP PLC:

* “STRONG MOMENTUM IN BILLINGS GROWTH WE REPORTED IN Q1 FY18 HAS ACCELERATED IN OUR SECOND FISCAL QUARTER TO DATE”

* NOW EXPECT FY18 BILLINGS GROWTH OF C.20%, COMPARED TO OUR PREVIOUS GUIDANCE OF MID TO HIGH-TEENS GROWTH

* ‍RETAINS MEDIUM-TERM OUTLOOK OF $1BN OF BILLINGS BY MARCH 2020​

* ‍STRONG MOMENTUM IN BILLINGS GROWTH WE REPORTED IN Q1 FY18 HAS ACCELERATED IN SECOND FISCAL QUARTER TO DATE​

* ‍NOW EXPECT FY18 BILLINGS GROWTH OF C.20%, COMPARED TO CO‘S PREVIOUS GUIDANCE OF MID TO HIGH-TEENS GROWTH​ Source text for Eikon: For full story, click on: Further company coverage:

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