News: ALU Altium Estimates That By 2025 Recurring Revenue Will Rise From Around 60% Today To 80% Or...

June 18 (Reuters) - Altium Ltd (ALU) :

• ALTIUM LTD - ESTIMATES THAT BY 2025 RECURRING REVENUE WILL RISE FROM AROUND 60% TODAY TO 80% OR HIGHER
• ALTIUM LTD - ALTIUM ANTICIPATES REVENUE FOR FISCAL 2021 TO BE AT LOW END OF GUIDANCE RANGE OF US$190 MILLION TO US$195 MILLION
• ALTIUM LTD - ANTICIPATES MARGIN TO BE AT LOW END OF GUIDANCE RANGE OF 37-39% ON AN UNDERLYING BASIS FOR FISCAL 2021
• ALTIUM LTD - MOMENTUM HAS RETURNED TO ALTIUM'S BUSINESS WITH DOUBLE-DIGIT GROWTH IN SECOND HALF
• ALTIUM - ADOPTION OF ALTIUM 365 CLOUD PLATFORM HAS INCREASED, NOW MORE THAN 13,100 MONTHLY ACTIVE USERS & OVER 6,300 MONTHLY ACTIVE ACCOUNTS