Craneware Full-Year Profit Surges 28.7%

Craneware PLC

posted a 28.7% surge in its full year profit. Craneware's pretax profit rose to $11.2 million, from $8.7 million, in the year-ago period. Its revenue gained to $41.1 million from $38.1 million. Craneware's adjusted earnings before interest, tax, depreciation, amortization (EBITDA) increased to $11.9 million from $10.1 million, while adjusted pretax profit rose to $10.8 million from $9.3 million. Its basic adjusted earnings per share came in at 31.6 cents, up from 25.6 cents, in the year-ago period.