29 Sep 2014 09:56
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
AMO.L Share News (AMO)
AMO Share
Price
AMO Share
News
AMO Share
Chat
AMO Share
Trades
AMO
Live RNS
AMO Share
Charts
AMO Broker
Ratings
AMO Directors
Deals
AMO Financial
Diary
AMO
Fundamentals
AMO Short
Positions
AMO
Media
AMO.L Information
- There is currently no data for AMO
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Amino Technologies slumps on profit warning
Tue, 27th Oct 2015 12:15
(ShareCast News) - Amino Technologies' full-year profit is likely to be lower than expected due to a shortfall in second-half revenue from its core business.The digital entertainment company said it expects profit before tax and exceptional items to be below expectations but in line with that achieved in the previous financial year.Still, Amino said it remains committed to its progressive dividend policy and expects net cash balances at the period end to remain in line with current expectations.The company said it has identified that its sales execution efforts in the second half have not been satisfactory.It said that while a small proportion of the trading shortfall is due to the consolidation of certain customers and delays to some orders where the customer is considering the transition to 4K Ultra High Definition services, sales execution is the primary factor for the shortfall in revenue."As a consequence, and in order to rapidly improve sales planning and conversion, the company has implemented a series of targeted actions across the business."Also on Tuesday, the group confirmed that revenue and cost synergies arising from its recent acquisitions of Entone Inc. and Booxmedia Oy are tracking ahead of plan and both the teams and product lines of each acquired company are integrating well.At 1230 GMT, Amino shares were down 28% at 113p.
More News
14 Jul 2014 08:36
5 Jun 2014 15:00
Amino Technologies to hit H1 targets after good US trading
Set-top box maker Amino Technologies forecast first half results in line with hopes thanks to buoyant US business, but said revenue was likely to be weighted towards the second half. Amino, which makes devices that allow people to stream programmes to TVs from the internet, said a good performance
Read more5 Jun 2014 11:28
Amino Technologies Extends Progressive Dividend Policy By Two Years
LONDON (Alliance News) - Amino Technologies PLC Thursday confirmed it will extend its commitment to a progressive dividend policy for a further two years, and proposed an interim dividend of 1.15 pence for the half-year to the end of May. The digital entertainment company expects to report
Read more27 Jan 2014 11:25
Amino Technologies Raises Dividend 15% Despite Revenue Decline
LONDON (Alliance News) - Amino Technologies PLC hiked its dividend Monday, as it saw pretax profit improve despite revenue falling in the year ended November 30, 2013. Amino said revenue was hurt by reduced demand from a customer in Western Europe and relatively more demand for its lower-priced
Read more27 Jan 2014 09:30
Monday broker round-up UPDATE
Aberdeen Asset Management: Espirito Santo cuts target price from 573p to 514p and keeps a buy recommendation. Morgan Stanley reduces target price from 492p to 393p and stays with its equal-weight rating. Amino Technologies: N+1 Singer shifts target price from 89p to 93p and reiterates a hold recomm
Read more25 Nov 2013 08:02
Amino Technologies warns of flat revenues next year
Digital entertainment firm Amino Technologies said it would hike its dividend by 15 per cent after an in-line full-year performance, but warned of flat revenues next year. In a pre-close trading update, the IPTV, internet TV and in-home multimedia products group said that it expects to report solid
Read more25 Nov 2013 08:00
Monday broker round-up UPDATE
African Barrick Gold: Goldman Sachs ups target price from 110p to 140p, but still recommends selling. Alternative Asset Opps: Westhouse Securities initiates with a buy recommendation. Amino Technology: Northland Capital cuts target price from 110p to 100p and downgrades from buy to hold. Asian Pl
Read more6 Jun 2013 08:26
Amino Technologies sees first half profit hike
Cambridge-based digital entertainment solutions provider Amino Technologies said it expects to deliver half year profit significantly ahead of last year. It said revenue remains in line with the previous year and the cash balance rose to £18.2m from £13.9m the year before. Amino added that it cont
Read more