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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Spectra Systems Corporation | LSE:SPSY | London | Ordinary Share | COM SHS USD0.01 (UNRES) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
9.00 | 3.93% | 238.00 | 236.00 | 240.00 | 242.00 | 229.00 | 229.00 | 66,385 | 14:32:54 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Computer Programming Service | 19.63M | 6.15M | 0.1364 | 19.06 | 117.15M |
TIDMSPSY TIDMSPSC
RNS Number : 2529T
Spectra Systems Corporation
04 January 2017
Spectra Systems Corporation
("Spectra" or the "Company")
Trading Update
Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication and brand protection technologies, today announces that it expects its profits for the year ended 31 December 2016 to significantly exceed market expectations. Revenue is also expected to be ahead of market expectations.
Spectra anticipates releasing its preliminary results for the year ended 31 December 2016 in March 2017.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
Dr. Nabil Lawandy, Chief Executive Officer, stated: "The confluence of significantly improved margins from our in-house manufacturing (on an order delivered in late December), along with a new ongoing phosphour sales channel, have resulted in a very good year for the Company. Based on contracted revenue, a full year of in-house manufacturing and early orders for phosphours, we expect this momentum to continue into 2017."
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer Tel: +1 (0) 401 274 4700
WH Ireland Limited
Chris Fielding, Head of Corporate Finance Tel: +44 (0) 20 7220 1650
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
January 04, 2017 02:00 ET (07:00 GMT)
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