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Amino Technologies Expects Full-Year Pretax Profit To Beat Expectations

13th Oct 2014 09:20

LONDON (Alliance News) - Amino Technologies PLC said Monday that it expects pretax profit for the full-year to come in ahead of market expectations.

In a trading update the Cambridge-based digital entertainment services provider for IPTV, Internet TV and in-home multimedia distribution, said revenue for the year to November 30, 2014 is set to be in line with market expectations as it returned to its traditional second-half weighting.

In September the company won a contract to provide its Live Advanced Media Platform to US local IPTV service provider Interstate Telecommunications Cooperative Inc. Earlier that month, in a update on its second-half, the company said that continued recognition of its products from the wider market had bolstered its confidence for the future.

Shares in Amino Technologies were Monday morning trading 0.25% lower at 79.80 pence per share.

By Alice Attwood; aliceattwood@alliancenews.com; @AliceAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.


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