Newsflash for the Snoozers - Part 5

Tuesday, 1st September 2015 10:16 - by Moosh

Cyprotex (TIDM: CRX)

CRX recently entertained the market with a meaty set of interim results (18 August 2015) including the following highlights:

-          103 new customers in H1 2015 (of 1100+ customers)

-          Expansion of CRX brand into Asia (including several Japanese projects)

-          Larger customers signed for long term exclusive service contracts

-          Completion and expansion of 2 large US Environmental Protection Agency contracts

-          H1 revenues up 28%

-          Creation of a Biosciences division

-          Growth on track to continue, also benefitting from a usual increased trading activity during H2

Software Radio Technology (TIDM: SRT)

SRT has issued a number of updates to the market which received subdued reactions from long term investors including:

-          Rollout of a Middle East tracking project (9 June 2015)

-          $700k Philippines Fisheries order (24 July 2015)

-          $5m Maritime Domain Management system contract which represents an initial phase of a longer term programme (21 August 2015)

The Writer's views are their own, not a representation of London South East's. No advice is inferred or given. If you require financial advice, please seek an Independent Financial Adviser.