Get the latest news on IRESS stock with updates on market trends, financials, and analysis from Benzinga. Stay informed on IRSMF performance

Latest IRESS Stock News | OTC:IRSMF | Benzinga

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.

Comments

IRESS Stock News

News

Latest IRESS Stock News | OTC:IRSMF | Benzinga

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga