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IN BRIEF: CML Microsystems Says Earnings Slightly Above Expectations

29th Jul 2020 17:52

CML Microsystems PLC - radio frequency semiconductor maker - Says total revenue and pretax profit for the opening months of the financial year to March 31, 2021 slightly above management expectations. New order intake for Storage products continuing at a "healthy level". Recent market demand for Communication products has been challenging. Order intake between now and end of September will be key indicator for the shape of recovery.

Current stock price: 251.55 pence

Year-to-date change: down 29%

By Arvind Bhunjun; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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