WANdisco’s bookings doubled last quarter

Oliver Smith
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BRITISH software firm WANdisco yesterday said bookings growth was 120 per cent in its third quarter ending 30 September.

The $4.4m (£2.7m) of bookings have been driven by a number of new multi-year subscriptions to WANdisco’s services and the renewal of all of its existing customer subscriptions.

“We are pleased to report, once again, very strong growth in bookings this quarter. We remain confident in our outlook for the year,” said WANdisco chief executive and chairman David Richards.

“It is a silky performance as WANdisco continues to deliver ahead of expectations and primes the market for a sparkling fourth quarter,” said Panmure Gordon.

WANdisco saw its share price rise 1.45 per cent on the news yesterday, to close at 1,154p.