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Overheads have been cut dramatically and the group is focusing on higher margin business.

First Derivatives to report tomorrow It is quiet on the corporate earnings front this week. In the US, several companies report with quarterly period ends ending April, with Cisco the highlight, while in the UK, it is subdued as we transition to March period end results. The week ahead In the UK, Cerillion PLC (LON:CER) reported its interim results ending March today, while First Derivatives plc (LON: FDP) reports its final results, ending February, tomorrow. Also, Blue Prism Group PLC (LON:PRS...

About the company CentralNic is the developer and operator of software platforms providing web presence services to customers in almost every country in the world. CentralNic is a leading provider of tools required to create websites, use email, and secure business online. Headquartered in London, the Group generates revenue and income from the worldwide sale of internet domain names, hosting and monetisation of domains on an annual subscription basis. How it is doing 14 May 2021 CentralNic G...

UK electric vehicle company to make car specifically for Uber drivers The Arrival Car will enter production in the third quarter of 2023 but the design will be unveiled this year UK-based Arrival Group SA (NASDAQ:ARVL) is teaming up with Uber Technologies Inc (NYSE:UBER) to develop an affordable, purpose-built electric vehicle (EV) for drivers. The Arrival Car, which will enter production in the third quarter of 2023, is designed to cut pollution arising from ride-hailing services, which count...

Both companies are scheduled to report their numbers after Wall Streets close on Tuesday Google parent company Alphabet Inc (NASDAQ:GOOG) and Microsoft Corp (NASDAQ:MSFT) are expected to release quarterly earnings after the Wall Street close on Tuesday as the cycle of Big Tech earnings continues this week. For Alphabet, it will likely look to reassure investors that it won’t take too much of a hit from a possible global tax of tech giants proposed by US president Joe Biden. In terms of number...