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Instem reports annual recurring revenue uplift - it’s looking good!

14/03/2018 · Instem PLC  

Instem reports annual recurring revenue uplift - it’s looking good!

This provider of IT solutions to the global life sciences market, recently announced a highly positive update. Despite a sharp rise in the share price on the day, this remains well off historic highs; time to get interested?


Instem PLC (AIM:INS), which provides IT solutions to the global life sciences market, issued a highly positive Business Update on 7 March.

This reported that one of its customers is adopting the Company’s Software as a Service (SaaS) delivery model for accessing its solutions via the Instem Cloud. The client in question was reported to be one of the world’s largest chemical products companies and is the latest customer to adopt the Company’s…

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