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ClearStar expects revenues to grow 17% amid 'strong' growth in direct services

By BFN News | 09:37 AM | Tuesday 09 July, 2019


Medical screening company ClearStar said it expected first-half revenues to grow 17% amid 'strong' growth in direct services division. For the six months ended 30 June 2019, revenues were expected to grow by approximately 17% to $11.6m. The company reported 'strong' revenue growth in direct services business channel of 49% over H1 2018 - with direct services accounting for approximately 36% of total revenue, up from 28% last year. Medical information services continued to be the primary growth driver by service offering, with revenue increasing 25% from the first half of last year. The company said it expected to report revenue growth for full-year 2019, in line with market expectations. Interim results were expected in September 2019. At 9:37am: (LON:CLSU) Clearstar Inc. share price was +6p at 60p Story provided by StockMarketWire.com

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