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Razor Risk expects to report 20-30% 1H10 profit boost

Razor Risk expects to report 20-30% 1H10 profit boost

Shares in risk management vendor Razor Risk have jumped 26.6% today, since the company announced that it expects to report a 20-30% profit increase for 1H10.

The company, which will report its half-year results on February 15, said it had achieved the expected result despite difficult market conditions and foreign exchange impacts.

A campaign of ongoing operational efficiencies mitigated these adverse trading conditions, Razor Risk said.

RZR shares are currently trading at $0.04.

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Tags risk managementICTRazor Risk

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