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Eagle Eye Solutions Shares Jump on Upbeat FY2027 Growth Forecast
Shares of Eagle Eye Solutions (LON:EYE) surged 7.5% in Friday trading after the loyalty and promotions platform provider issued a positive growth outlook for fiscal year 2027.
Growth Forecast
In a statement, the company said it anticipates a return to double-digit revenue and EBITDA growth in fiscal year 2027. Eagle Eye specified that this projected growth will be fueled by an increase in its annual recurring revenue (ARR) and the addition of new customers.
A rising ARR is a key metric for platform-based businesses, as it indicates a stable and predictable stream of income, which is often viewed favorably by investors.
Financial Targets Confirmed
AdEagle Eye also confirmed that it remains on course to achieve its medium-term financial targets. The company is aiming for:
- Revenue of more than £100 million ($134.70 million)
- An EBITDA margin exceeding 30%
The reaffirmation of these goals signals management's confidence in the company's long-term strategy and market position. The positive forecast and confirmation of its targets prompted a strong positive reaction from the market.
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