Slowing Economy Hurts CML Microsystems Profits, Shares Fall 30%

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