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Institutional FX
FD Technologies Faces Headwinds in KX Division, Lowers Growth Outlook
The software providers forecasts in-line EBITDA but lower revenue due to challenges.
KX division's slower ARR growth contributes to the cautious outlook.
Friday, 01/03/2024 | 07:49 GMT
by
Damian Chmiel
Institutional FX
FD Technologies' KX Unit Outshines as Company Reports Loss
FD Technologies showed a lack of profitability in the reported period.
Overall revenues shrank 3% to £142.5 million.
Tuesday, 24/10/2023 | 07:01 GMT
by
Damian Chmiel
Institutional FX
FD Technologies Ends FY23 with 12% Revenue Jump
KX and First Derivative revenues beat market expectations.
The group ended up with a pre-tax loss of £1.2 million.
Tuesday, 23/05/2023 | 07:49 GMT
by
Arnab Shome
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