Reckon Ltd T.RKN

Primary Symbol: RKNLF

Technology Software - Application

Reckon Limited is an Australia-based software company that provides software for accountants, bookkeepers, lawyers, small and medium enterprises (SMEs) and personal users. The Company’s divisions include Business Group and Legal Practice Management Group. Business Group provides accounting and payroll software for small to larger sized businesses and personal wealth management software branded as Reckon One, Reckon Mobile and Reckon Accounts Hosted (cloud products), Reckon Accounts Business and Reckon Accounts Personal respectively. The divisions operate predominantly in Australia and New Zealand. Legal Practice Management Group provides practice management software and workflow solutions to legal firms for document scanning and routing, print management and cost recovery solutions under the nQZebraworks brand, with a focus on releasing new cloud practice management products. It operates predominantly in the United States and United Kingdom, with re-sellers in other parts of the world.

OTCPK:RKNLF - Post by User

Reckon Ltd > "Withdrawing financial guidance"???? wtf!!!

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Comment by kevinNashon Feb 09, 2017 6:32am

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Post# 25821137

RE:RE:RE:"Withdrawing financial guidance"???? wtf!!!

That 3.2 mil dollar penalty to constellation was included in the loss reported. ESW then bumped up their offer to cover that number, so Redknee reports it as their loss. It states this fact right in the news release. As for the the retraction of their projections, who knows what they meant by that. You think they would have detailed this and not left it so open ended... These ESW guys are acting like criminals, quite frankly. I have no clue what they are trying to do. It feels like they are trying to drive the SP down even further pretending Redknee is headed for another rough year so they can buy the whole company on the cheap.

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