Petards Slips Out Profit Warning On Reduced H2 Outlook

By | 19th September 2019

Surveillance and security specialist Petards issued a profit warning today, although despite reducing expectations termed the overall result ‘satisfactory’. The share price saw an immediate fall: As with many profit warnings recently (see results) the share price has since recovered a little and as of this afternoon halved its losses. For longer-term holders, this might… Read More »

Trackwise Designs Issues Double Profit Warning On Poor Market Conditions

By | 17th September 2019

Specialist circuit provider Trackwise Designs (LON:TWD) today issued a profit warning for both this year and next year as it cited tough market conditions for a decrease in profits. The share price was immediately punished, and lost 50%: In common with many profit warnings recently, there has been a marked recovery from the initial low… Read More »

Quixant Shares Bomb 50% Amidst Reduced Profit Expectations

By | 17th September 2019

Commiserations to any holders of Quixant shares (LON:QXT) as today’s profit warning saw share prices halve in early trade as their interim results revealed full-year profits would be below expectations. There has been a smidgen of recovery since, but that will be of scant consolation to anyone except those buying the warning: Much shareholder value… Read More »

Alfa Financial Software Issues Profit Warning amidst Revenue Decrease

By | 16th September 2019

Asset finance software specialist Alfa Financial (LON:ALFA) today issued a profit warning as it warned that a decrease in revenues would be accompanied by an increase in costs. The shares have immediately declined but recovered some ground in afternoon trade: This is not something I am very familiar with, but looking at its previous news… Read More »

Micro Focus International Shares Plunge 30% As it Warns on Profits

By | 29th August 2019

It is not usual that a FTSE100 company loses billions of pounds of its market cap, but that’s what has happened to Micro Focus International (LON:MCRO). Already facing a downturn in revenues, the company has revised its guidance even further, and the share price has tumbled as a result: Profit warnings from very large companies… Read More »