Troubled Adept4 nears end of strategic review

Doug Woodburn
clock • 2 min read

Managed services provider sees interim losses widen to £1.1m

Loss-making MSP Adept4's shares tanked again this morning on another mixed set of results. The AIM-listed Microsoft, Fortinet and Mitel partner saw net losses widen to £1.1m in its fiscal first ...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Lenovo's annual results: The key takeaways

Vendor

While revenue grew 10 per cent year-on-year, entire FY turnover is still down by eight per cent

clock 24 May 2024 • 3 min read
5 big figures underscoring Nvidia's 'very strong' first-quarter earnings

Vendor

The main contributor was Nvidia’s datacentre revenue, which more than quintupled in the first quarter from the same period last year, growing 427 per cent year-over-year to $22.5bn

clock 24 May 2024 • 3 min read
Bytes hits £1.8bn GII as new CEO Sam Mudd outlines continued focus around Copilot, Azure and security

Reseller

“And what we're seeing within the market is that customer demand remains high around the critical areas of cloud adoption, backup storage and security, and the security theme in particular is a very longstanding one. We're confident about the future," Mudd tells CRN

clock 23 May 2024 • 5 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Finance and M&A

MSP acquirer Evergreen buys second UK business with Digital Origins

MSP acquirer Evergreen buys second UK business with Digital Origins

The deal marks Evergreen's second expansion into the UK MSP market

Kelsey Rees
clock 08 April 2024 • 2 min read
Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

Cisco closes $28bn Splunk deal: 5 big AI, security and partner things to know

“We will revolutionise the way customers leverage data to connect and protect their organisation as we power the AI revolution”

Mark Haranas
clock 19 March 2024 • 6 min read
Jonathan Simnett: Should you let private equity invest in your channel business?

Jonathan Simnett: Should you let private equity invest in your channel business?

Jonathan Simnett, UK director at M&A consultancy Hampleton Partners, explores the impact of private equity on channel companies and their teams

Jonathan Simnett
clock 18 March 2024 • 5 min read