(MENAFN- ProactiveInvestors)Investors cheered the news from software company Sopheon (LON:SPE) as it issued a profit upgrade for the year. The company which provides company performance and planning data said the second half of the year had exceeded expectations meaning earnings [EBITDA] and pre-tax profit would be ahead of previous hopes. Revenues for the year to December will be 'comfortably in line with current market expectations' the company added. Shares in the firm which have more than doubled in the last year were another 17.5% higher on Thursday to 74p. Sopehon's full-year results are due to be released on March 17. The company also reported the death of non-executive director Dr Bernard Al who served on the Sopheon board from 2001.
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