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Beeks Financial Cloud Posts 11% Revenue Growth to £40 Million
Original: Beeks Financial Cloud Reports 11% Revenue Growth to £40 Million and 18% Increase in Underlying EBITDA
Beeks Financial Cloud, the Glasgow-based cloud computing and connectivity provider for financial markets, has reported an 11% rise in revenue to £40 million, alongside an 18% increase in underlying EBITDA. The results point to continued demand for its low-latency infrastructure services among banks, brokers and trading firms. Investors and market watchers are digesting the full-year figures for signs of sustained growth.
Why now: The company has just released full-year financial results showing double-digit growth.
Evidence
- Beeks Financial Cloud Reports 11% Revenue Growth to £40 Million and 18% Increase in Underlying EBITDA · Yahoo Finance UK
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