Hansen increases earnings outlook

Hansen Technologies has upgraded its earnings guidance after a better than expected half.

Hansen Technologies' share price has jumped 13% after the company announced a better than expected first half to the financial year and an improved outlook. Management initially expected revenue of $135m in 2016; however, it now believes the billing software maker will earn $72–74m in the six months to 31 December, nearly 50% higher than the same period last year.

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