PME +8.66%: The medical imaging company signed a A$330m deal with U.S hospital operator Trinity Health to replace legacy Picture Archiving and Communication Systems (PACS) over a 10-year period.
The business continues to succeed with its North American expansion, seemingly announcing a new win every other day – they came to the ASX with a smaller contract win just yesterday. Importantly, they are growing revenue organically via both existing and new client acquisition as existing clients upgrade and extend contracts to utilise PME’s full product suite.