6th Sep 2022 14:28
Quixant PLC - Cambridge-based technology products provider for gaming and broadcast industries - In the six months ended June 30, pretax profit surges to USD2.8 million from USD810,000 the previous year. Revenue climbs 46% to USD53.3 million from USD36.5 million. Cites significant growth in its Gaming and Densitron revenue thanks to "buoyant customer demand, enhanced customer penetration and proactive management of supply chains." Chief Executive Jon Jayal reports a "strong" start to the second half of the year. Firm confident in its recently upgraded full-year expectations of revenue between GBP109.0 million and GBP110.0 million.
Current stock price: 164.99 pence, up 1.2% on Tuesday afternoon in London
12-month change: down 6.3%
By Heather Rydings; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
QXT.L