TraceSafe - Wearable tech here to stay
Last updated: 08:27 01 Jun 2021 EDT, First published: 08:26 01 Jun 2021 EDT
TraceSafe is an emerging leader in the growing market for health and safety wearables and the software that enables enterprises to customize and deploy these technologies. The company recently reported revenues for the first quarter (ended March 2021) and an update on pending revenue recognition from sales already booked. Including those booked sales, the company is already exceeding the full-year (FY) 2020 revenue total. In addition, the company has reported several other important developments in recent months:
Based on the visible prospective revenue near term, and the overall commercial momentum during the first half, we have increased confidence in our FY 2021 revenue forecast (unchanged). |
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