Objective Corporation (ASX:OCL) has provided a trading update for the 2018 financial year, with headline results in line with 2017.
The software solutions company says 2018 presented it with unexpected isolated challenges and accordingly, results are lower than the business is capable of.
The company is expecting revenue of $63 million and earnings of 10.5 million for the period.
Objective says it’s confident that financial year 2019 will deliver significant margin expansion as a result of product enhancements delivered by R&D investment.
Shares in Objective (ASX:OCL) are trading 19.2 per cent lower to $2.90