CloudCall provided group earnings guidance for the year ended December 31, 2016. For the year, the company confirmed the group's results will be in line with expectations. As a result of CloudCall's strategy to focus on key CRM channel partners in order to accelerate product penetration, the Company announced that it expects to report revenue growth in 2016 of circa 50% over the prior year to approximately £4.9 million, at circa 78% gross margin. Recurring revenue in the second half of 2016 increased 30% against first half of 2016, which had already seen a 25% increase on the second half of 2015, resulting in a total recurring revenue growth of 63% for the full year. The group continues to make good progress with Bullhorn, a key CRM partner, and is seeing increased traction with Bullhorn's end users. There has been a continued reduction in the rate of churn, which is now at record low levels and customer feedback on CloudCall's products and service levels remains consistently positive, with numerous larger customers expanding their CloudCall usage to further departments and offices. This reduction in churn rate, strong the second half growth and the fact that circa 85% of the Company's revenues are now recurring or repeating, provides good earnings visibility and underpins the Board's confidence in the Group's outlook for 2017.