Gamma Communications (AIM:GAMA) – trading ahead and a nice little windfall as well
The high flying provider of communications services to the UK business market has come out with a positive trading update to keep the momentum going. It has also announced news of a very nice little cash windfall!
Gamma is a rapidly growing, technology based, provider of communications services to the UK business market. Gamma’s services, such as Cloud PBX, Inbound Call Control Services and SIP Trunking, are designed to meet the increasingly complex voice, data and mobility requirements of businesses, through the exploitation of its know-how and own intellectual property. Today’s update confirms that the business has continued to trade strongly, with particularly encouraging growth in the sales of SIP Trunks and Cloud PBX services from both the Indirect Channel and Direct business units. It is now anticipated that Group Adjusted EBITDA (stated before Share Based Payments…