UK software firm Sage backs annual forecasts on steady demand

Q: How long will it take to read this news story?

The story "UK software firm Sage backs annual forecasts on steady demand" has 159 words across 6 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "UK software firm Sage backs annual forecasts on steady demand" was covered 12 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 53 news stories per day. It's most recent story was published 41 minutes ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25623505</li><li>URL: https://beamstart.com/news/uk-software-firm-sage-backs-17382245084664</li></ul>

Channel News Asia Logo Channel News Asia 12h ago

UK software firm Sage backs annual forecasts on steady demand - Channel News Asia

Quick Summary:

:Britain's Sage Group on Thursday maintained its full-year forecasts after the software firm posted a 10 per cent growth in underlying revenue for the first quarter, buoyed by higher demand, especially in North America, its fastest growing region.

The company, whose accountancy software is used by millions of small businesses, reported underlying total revenue of 612 million pounds ($760.84 million) for the three months ended Dec.31.

Sage has invested heavily in cloud services in recent years, and it is now counting on surging demand for artificial intelligence products and services to deploy generative AI in its offerings to help small business owners with insights.