Catapult Delivering on Cross-Sell Strategy -- Market Talk

Dow Jones11-04

2229 GMT - Catapult's contract with England's national and top-tier rugby teams shows the Australia-listed sport-tech provider delivering on its cross-sell strategy, Jefferies says in a note. Analysts point out the deal represents the first major publicized contract for both Catapult's wearable and video products. They also see Catapult's unseating of a long-term incumbent as a positive. Catapult is scheduled to report its 1H result next week. Jefferies anticipates an 18% rise in revenue, a 19% rise in gross profit and free cashflow of US$4.8 million. Jefferies has a last-published buy rating and A$2.40 target price on the stock, which is at A$2.73 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

November 03, 2024 17:29 ET (22:29 GMT)

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Analysts...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7084","symbol_name":"电子设备和仪器","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2480318241","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480318241","pubTimestamp":1730672940,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2229 GMT - Catapult's contract with England's national and top-tier rugby teams shows the Australia-listed sport-tech provider delivering on its cross-sell strategy, Jefferies says in a note. 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