Are Gentrack (ASX:GTK) Customers Delaying Projects?
Highlights Gentrack cut its revenue outlook earlier this year, blaming customer project timing and longer sales cycles. A global financial group recently trimmed its stake in the utility and airport software provider to below the formal disclosure level. Recurring revenue kept growing even as project work slipped, leaving the debate about timing versus demand unresolved. Gentrack Group (ASX:GTK), the Wellington-based maker of billing and customer software for energy and water utilities and of...