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LoopUp Group – ‘revenue erosion in long-term established customer base’. Uh oh…

By Steve Moore | Wednesday 3 July 2019


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.


Remote meetings technology group LoopUp (LOOP) has updated on trading commencing; “The group continues to see strong demand for the LoopUp product. In addition to a £2.34 million contract renewal with leading global law firm, Clifford Chance, new landmark accounts wins during H1 2019 include a major European investment management association, a leading television broadcaster in Australasia, the world's largest private dispute resolution provider, and numerous major international law firms… However,”… Uh oh…

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