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Vista Group posts 12% revenue gain amid weak dollar and strong box office
['Sapeer Mayron']
BusinessDesk | NZ breaking news and commentary on business, NZX and politics
Vista Group chief executive officer Stuart Dickinson says the company is comfortable with its aspirations.
(Image: Supplied)A weaker New Zealand dollar could deliver a $2 million opportunity for cinema software company Vista Group, which upgraded its full-year revenue guidance on Monday in response.
Originally posting revenue guidance of $176m to $182m, it now estimates revenue will be $179m-$184m by the full year.Vista chief executive Stuart Dickinson told BusinessDesk a weaker-than-expected NZ dollar was responsible for much of the increase, but the company’s strong performance, particularly in moving clients into its new Cloud system, also played...