(Alliance News) - Aferian PLC on Tuesday said that its subsidiaries 24i and Amino have been selected by Technische Betriebe Wil to power the video services of the latter's subsidiary, Thurcom. Read More
Aferian PLC - Cambridge, England-based business-to-business company providing video streaming solutions - Reports revenue in the six months ended May 31 of USD23.3 million, down 48% from USD44.5 million the year prior reflecting a 71% drop in devices revenue to USD9.4 million from USD32.5 million. Explains performance was in line with the trading update announced on June 28. Pretax loss widens to USD8.6 million from USD811,000 the year before. No dividend is declared after a 1 pence payout last year. Donald McGarva, chief executive officer says: "This has been a very busy and challenging half for Aferian. The restructuring of our cost base in 24i and Amino is generating significant annualised cost savings and providing a stronger platform on which to build and grow. Demand in our 24i division has remained strong as we continue our strategic focus on growing software and services revenue in the fast-growing video streaming market." Adds "With 90% of revenue contracted for the full year and a well-developed pipeline of well qualified prospects, we remain confident in the full year outcome." Read More
(Alliance News) - Aferian PLC on Wednesday said telecommunications, media and internet firm Virgin Media Ltd has used Aferian's 24i solution to launch a monetise a new lineup of free ad-supported streaming TV channels on Virgin TV. Read More
(Correcting that Aferian's placing price was a 20 premium, not a discount.) Read More
(Alliance News) - Aferian PLC on Tuesday said it completed a placing of USD4.0 million worth of shares, equal to 30% of outstanding shares before the issue. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Aferian PLC on Monday said it intends to raise USD4.0 million via a placing of shares representing 30% of its issued share capital. Read More
(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