Browsing: Adapt IT

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Strong interim performance from Adapt IT

Adapt IT on Wednesday issued a strong trading update, telling shareholders that it expects headline earnings per share to rise by between 20% and 25% for the six months ended 31 December 2017, despite

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Adapt IT hikes dividend per share by 23%

Technology services group Adapt IT has hiked its dividend per share by 23% to 13.4c, from 10.9c a year ago, on the back of a rise in earnings. In the year ended 30 June, the JSE-listed group reported normalised headline

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JSE’s best and worst performing tech stocks

Two former high-flying IT services companies have been the laggards on the JSE in 2017 so far. EOH and Adapt IT have underperformed all other IT stocks, falling by 33.9% and 42.4% respectively to mid-August. The two companies have fallen

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Adapt IT to buy Micros for R61m

JSE-listed Adapt IT has reached an agreement to buy technology company Micros for R61,3m. Micros provides software, hardware, enterprise systems integration, consulting, support and

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Adapt IT’s acquisition strategy pays off

Organic growth at small-cap technology stock Adapt IT has slowed from 9% to 4% as clients in the higher education, manufacturing, resources and banking segments curb their spending in the face

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Adapt IT turnover surges on CQS deal

Adapt IT’s interim turnover has jumped 48% compared to a year ago, although disappointing growth in organic revenue helped put the share price under some pressure on Monday. For the six months ended 31 December 2016, turnover rose 48% to