8th Jun 2015 08:43
LONDON (Alliance News) - Media technology company Mirada PLC said Monday that notwithstanding a delay in the launch of a project, it expects to meet market expectations for its recently ended financial year.
The company said the project was launched in February 2015. Additionally, it won its first over-the-top contract during the year, which it said shows the increasing flexibility of its products and its ability to service larger contracts.
"We are delighted with the size and scale of contracts that we managed to secure during the period, providing high levels of visibility while also providing a step change for our growth potential. We very much look forward to updating the market in due course," said Chief Executive Officer José Luis Vázquez in a statement.
Mirada will announce its full year results July 9.
Shares in Mirada are trading up 8.3% at 11.10 pence Monday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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