Jan 17th 2013 - Edison Investment Research today published a report on Optimal Payments (OPAY.L, LSE:OPAY, LON:OPAY) entitled "Strong H2 Across The Board". In summary, the report says:
Optimal Payments (OP) expects to report FY12 revenues and EBITDA above current market expectations, as the straight through processing (STP) and stored value (SV) businesses both saw strong growth in H2. Based on the positive momentum exiting FY12, we have raised our FY12 and FY13 revenue, EBITDA and EPS forecasts, assuming stronger growth for both businesses. While the stock has performed well over the last year, it continues to trade at a discount to peers.
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