Software Stock Hits Upper Circuit After EBITDA Margin Doubles to 29% in Q4
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Software Stock Hits Upper Circuit After EBITDA Margin Doubles to 29% in Q4
A midcap software stock hit upper circuit today, after the company reported a sharp improvement in its fourth-quarter operating performance. The company reported a substantial improvement in operating performance, most notably a more than 100 percent increase in EBITDA on a sequential basis. Despite a full-year net loss, the strong finish to the fiscal year has significantly boosted investor sentiment. The company in focus is Ramco Systems Limit…
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