29th Jan 2014 08:54
LONDON (Alliance News) - Quixant PLC Wednesday said it expects profits for the financial year just ended to be in line with market expectations, and is expecting higher revenues for the year in the region of USD24.2 million.
Quixant, which provides specialised computing platforms for casino gaming and slot machine applications, said revenues for the year ended December 31, 2013 are expected to be around USD24.2 million, compared with USD21.6 million in 2012.
It said during the year it has continued to win new customers, including a new three year supply contract with a new Tier 2 customer at the end of the year, which it expects to add to growth in the current year.
"I am confident that we will continue to grow our customer base and market share," said Chief Executive Officer Nick Jarmany in a statement.
The group said it will announce its full-year results on March 25.
Quixant shares were trading 2.1% lower at 115.00 pence per share Wednesday morning.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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