Pelatro highlights additional contract wins

0 30

Pelatro PLC (LON:PTRO) said it has secured several contracts for change requests amounting to around US$300,000 that will be delivered in 2021.

The telecoms-focused software firm said the new wins mean the total value of contracts in hand represents 2021 revenue of about US$6.8mln.

READ: Pelatro higher after deepening its relationship with a large Asian telco

“Given that we have clear visibility with contracts secured for US$6.8mln of revenue for 2021 so early in the year, together with the momentum we are building in our business, we are looking forward to a successful outcome this year in line with expectations”, Pelatro chief executive and managing director Subash Menon said in a statement.

Leave A Reply

Your email address will not be published.