By Anthony O. Goriainoff
Windward shares rose after the company said that contract wins and renewals underpinned its strong second-half start, and that it was performing comfortably in line with market expectations.
Shares at 0751 GMT were up 10 pence, or 16%, at 72.50 pence.
The London-listed maritime artificial intelligence company said Thursday that it won two additional U.S. government customers and that it had experienced no customer churn.
It added it has won four new contracts in the rest of the world, and that one contract with the Nigerian government was renewed and added $1 million in annual contract value over the next three year.
“Having built a robust, global software as a service business, an international sales team and a growing, blue chip customer base, we are confident in maintaining momentum into 4Q, trading comfortably in line with 2023 market expectations,” Chief Executive Ami Daniel said.
Write to Anthony O. Goriainoff at [email protected]
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