By Steve Moore | Friday 9 February 2018
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
A Year End Trading Update from 7digital Group (7DIG) includes “revenue for 2017 is expected to be up 52% at £17.3m” and “losses at adjusted LBITDA level are expected to be significantly reduced from the previous period and be better than market expectations”. The shares have nudged ahead to 5p – though I note this still well down from start of 2017 levels…
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