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Craneware shares drop 18% after slower revenue conversion triggers profit warning

Company Fundamentals
03 Jul 2026
Proactive Investors
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Bearish
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Craneware PLC warned that its full-year revenue and earnings will fall short of market expectations due to slower-than-expected conversion of 340B pharmacy-related opportunities. The company expects revenue between $205 million and $208 million and adjusted EBITDA of $65 million to $67 million for the year ending June 30, 2026, roughly flat compared to the previous year. The delay was caused by timing issues with 340B activity and postponed enterprise contracts now expected to contribute in FY27. Despite the setback, Craneware remains optimistic about long-term opportunities and will update investors with full-year results in September 2026.

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