Slowing Economy Hurts CML Microsystems Profits, Shares Fall 30%

By | 1st February 2019

Essex-based semi-conductor maker CML Microsystems (LON:CML) today issued a profit warning in which it guides full year revenues to be approximately 12% lower that the previous year, resulting in a ‘material’ drop in profits below market expectations. In common with many shares, the action has been weak throughout the past year and todays warning has… Read More »

FireAngel Safety Technology Warns on Profits Again as Exceptionals Bite

By | 31st January 2019

Fire alarm manufacturer FireAngel Safety Technology (LON:FA) today released another disappointing trading update as they look set to wrap up a disastrous year in which profit turned to loss, and this is before a large tranche of exceptional costs was declared today. The share price opened up much lower, but recovered a little to 16%… Read More »

Zoo Digital Share Price Falls Almost 50% on Earnings ‘Significantly Below Expectations’

By | 22nd January 2019

London-based digital content provider Zoo Digital (LON:ZOO) shares fell almost 50% in early trade today after the latest update, which cited the bad words ‘significantly below expectations’. As a company who valuation was high because of the expectation on growth rather than current profits, the share price reaction was strong: This does not tell the… Read More »

Dods Group Shares Crash 40% on ‘Significantly’ Lower Profit Forecasts

By | 21st January 2019

London-based content and media services Dods (Group) Plc (LON:DODS) issued a rather bleak profit warning today, citing challenging macroeconomic pressures and reducing their profit forecasts, with the expectation of a loss before tax for FY19. Market reaction was fairly predictable, with the price down 40% in early trade: The share price has been gradually declining… Read More »