IN BRIEF: Xeros falls as profit goal delayed; admits need for funding
31st Mar 2022 10:31
Xeros Technology Group PLC- Rotherham, England-based developer and licensor of platform technologies - No longer expects to reach month-on-month earnings before interest, tax, depreciation and amortisation profitability and breakeven in the first quarter of 2023. Xeros now expects to reach profitability and breakeven in 2024. This, it explains, is as a result of China increasing major lockdowns and India's slow return to normal operations after its third Covid wave. Read More