Recommendations » UK
Synchronica (LON:SYNC) report: Trading update: FY09 revenue outlook cut from ?5.1m to ?3.8m
March 16, 2010, Tuesday, 10:46 GMT | 06:46 EST | 16:16 IST | 18:46 SGT
By Daniel Stewart & Co
- In a trading update Synchronica reports that delays in FY09 contract closure will result in a shortfall to projected earnings. This stems from the customer being involved in acquisition discussions and delays to counter signatures and purchase orders arising.
- Synchronica reports that FY09 revenue, previously seen at some ?5.1m, should now be ?3.8m, with a projected adjustment of ?1.0m to the results for the year. It had previously reported (1st Feb) that subject to contract completion revenue would be close to ?4.5m.
- We assume that the adjustment applies to forecast PBT, previously seen (consensus) in a -?1.0m to -?1.7m range.
Stock Market Forum
- Information about Stock trading - An Article
7 February 2012
- how do you find canada stocks to trade?
3 February 2012
- my stock to watch for tomorrow-CLD
3 February 2012
- Dynamic levels is all about showing the stock levels for last 12 years.
19 January 2012
- Bank of England Keeps Base Rate unaffected at 0.50%
13 January 2012
- Oil price rise fuels India's inflation
4 January 2012
- How to invest in stock market
27 December 2011
- Four Secrets to invest in Stock Market: Beginners Guide
27 December 2011
- Food inflation plunges to 4-year low of 1.81%
22 December 2011
- Nifty delete certain posts gains on GDP data
22 December 2011