(Alliance News) - Aferian PLC on Wednesday said trading for the recent half year was in line with expectations and showed "encouraging progress" despite revenue falling, and said it has confidence in its full-year outlook. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
Aferian PLC - Cambridge, England-based business-to-business video streaming solutions company - Secures additional cash funding through a loan facility of up to GBP3.3 million from its largest shareholder, Kestrel Partners LLP. Chief Executive Donald McGarva says: "This additional cash funding puts the group in a stronger financial position and gives us adequate headroom over our covenants. The board remains confident in the long-term prospects of the group." Current trading remains "broadly" in line with the trading and outlook last reported in its full-year results on May 16. Read More
(Alliance News) - Aferian PLC on Tuesday reported a loss for its last financial year, due to higher operating expenses and exceptional costs, but said it expects growth in the current half year. Read More
(Alliance News) - Stock prices in London closed lower on Friday, as investors digest a week of US-centred data and its implications for the future of interest rates. Read More
(Alliance News) - Stock prices in London were deep in the red at midday on Friday as London-listed banks weighed down the FTSE 100 following a steep sell-off of peers across the Atlantic on Thursday. Read More
(Alliance News) - Aferian PLC on Friday said annual revenue and earnings before interest, tax, depreciation and amortisation for the year ended November 30 are expected to be significantly below original expectations due to challenges from its Amino division. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday. Read More
(Alliance News) - Stock prices in London fell sharply at Friday's open, as a positive UK GDP print was overshadowed by concerns for the health of the global financial sector. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - The FTSE 100 crept back into the green by midday on Monday, having risen at the open before promptly falling back, as the international-facing index struggled against a stronger pound. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday. Read More
Aferian PLC - Cambridge-based business-to-business video streaming solutions company - Expects device revenue for financial year 2022 ending November 30 to be 10% lower than expected in June. Notes Amino business experienced delays as customers reduce working capital. However, notes that exit annual recurring revenue and software growth of 15% and 5% respectively is in line with management expectations, but much lower than on a constant currency basis, for which ARR revenue and software growth are estimated at 25% and 15% respectively. Further, notes USD5.5 million one-off charge for costs. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Aferian PLC - business-to-business video streaming solutions company - Signs new partnership with Swisscom Broadcast Ltd and launches FokusOnTV, a new TV-as-a-service streaming offering that enables pay TV operators to improve their time to market and reduce their on-site infrastructure. FokusOnTV will be offered as a pre-integrated solution with Swisscom's premium infrastructure. Read More
(Alliance News) - Aferian PLC on Tuesday said it swung to an interim loss in the most recent financial year, but it still has confidence for the second half. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Aferian PLC - Leeds, England-based video streaming company - Expects to report an exit run rate annual recurring revenue of USD15.8 million in the six months ended May 31. This would represent 16% growth against the USD13.8 million reported the previous year, or 26% growth on a constant currency basis. Software and services revenue is anticipated at USD12 million, an increase of 21% against the previous year's USD9.9 million. Device revenue is expected at USD33 million, down 8% year-on-year. This is a result of shipping and production delays related to Covid-19 lockdown in China. Total interim revenue expected at USD45 million, flat with the USD45.3 million achieved the previous year. Read More