Aferian Share News (AFRN)

Aferian trading in line with expectations

(Sharecast News) - Video streaming technology and solutions specialist Aferian said in an update on Wednesday that its trading performance was in line with the expectations and outlook it announced on 31 May.

Aferian claims confidence for annual earnings despite revenue drop

(Alliance News) - Aferian PLC on Wednesday said trading for the recent half year was in line with expectations and showed "encouraging progress" despite revenue falling, and said it has confidence in its full-year outlook.

AIM WINNERS & LOSERS: Aferian expects reduced interim revenue

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

IN BRIEF: Aferian secures additional funding with largest shareholder

Aferian PLC - Cambridge, England-based business-to-business video streaming solutions company - Secures additional cash funding through a loan facility of up to GBP3.3 million from its largest shareholder, Kestrel Partners LLP. Chief Executive Donald McGarva says: "This additional cash funding puts the group in a stronger financial position and gives us adequate headroom over our covenants. The board remains confident in the long-term prospects of the group." Current trading remains "broadly" in line with the trading and outlook last reported in its full-year results on May 16.

UK shareholder meetings calendar - next 7 days

Aferian skips final dividend after swinging to annual loss on charges

(Alliance News) - Aferian PLC on Tuesday reported a loss for its last financial year, due to higher operating expenses and exceptional costs, but said it expects growth in the current half year.

LONDON MARKET CLOSE: Stocks sharply lower after US payrolls report

(Alliance News) - Stock prices in London closed lower on Friday, as investors digest a week of US-centred data and its implications for the future of interest rates.

Aferian warns on profits as Amino division struggles

(Sharecast News) - Video streaming technology company Aferian said in a trading update on Friday that its 24i business had won six customers in the last quarter of 2022, with that momentum continuing in the first quarter of 2023, although struggles in the Amino business had led to a profit warning.

LONDON MARKET MIDDAY: Stocks sharply lower amid banking sell-off

(Alliance News) - Stock prices in London were deep in the red at midday on Friday as London-listed banks weighed down the FTSE 100 following a steep sell-off of peers across the Atlantic on Thursday.

Aferian expects revenue and earnings substantially below forecast

(Alliance News) - Aferian PLC on Friday said annual revenue and earnings before interest, tax, depreciation and amortisation for the year ended November 30 are expected to be significantly below original expectations due to challenges from its Amino division.

AIM WINNERS & LOSERS: Versarien shares plunge as CEO resigns

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

LONDON MARKET OPEN: US bank stock sell-off weighs on global equities

(Alliance News) - Stock prices in London fell sharply at Friday's open, as a positive UK GDP print was overshadowed by concerns for the health of the global financial sector.

TRADING UPDATES: Anglo Asian touts intercepts; Netcall backs guidance

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Aferian FY results seen in line with previous guidance

(Sharecast News) - Video streaming services company Aferian said on Thursday that full-year group trading was in line with both internal expectations and previous guidance.

LONDON MARKET MIDDAY: FTSE 100 fights back to green; pound finds feet

(Alliance News) - The FTSE 100 crept back into the green by midday on Monday, having risen at the open before promptly falling back, as the international-facing index struggled against a stronger pound.