bullish

WANdisco plc

$2m deal with major US retailer

142 Views14 Jun 2017 22:15
Issuer-paid
SUMMARY

WANdisco has announced a new contract valued at c $2m with a major US multinational retailer. The company’s last three announced big data deals span automotive manufacture, financial services and now retail, highlighting the broad applicability of the company’s technology. With $6.1m of big data deals announced thus far this year, we believe there is a strong prospect of upgrades but leave our estimates unchanged for now pending a fuller trading update.

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