29th Jul 2015 10:37
LONDON (Alliance News) - CML Microsystems PLC Wednesday said it remains confident of producing an improvement in profitability for both its first half and full year, in a statement at its annual general meeting.
The semiconductor designer and manufacturer said its results for the first quarter are in line with its internal forecasts, and it is on track to meet market expectations for its first half.
Its gross margins and operating costs are stable, and its planned investment in future product development is progressing as planned.
Shares in CML are trading down 0.6% at 353.00 pence Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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