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Should I buy Sage Group shares for my UK tech portfolio?

Should I buy Sage Group shares for my UK tech portfolio? More on: The Sage Group(LSE: SGE) shares fell 20% in the past year. However, the company’s shares rose 5% on January 21 st after it released its first-quarter fiscal year 2021 trading update. Sage Group shares’ recent trading update Sage Group’s revenue grew by 1.4% year-on-year to £447m. It was primarily helped by the 4.7% growth in recurring revenue to £408m. Other revenue fell 24% to £39m. In my view, recurring revenue is one of the important metrics while evaluating a tech company, since recurring revenue is the portion of its revenues that is expected to continue in the future.

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