focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksConcurrent Technologies Share News (CNC)

Share Price Information for Concurrent Technologies (CNC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 101.50
Bid: 100.00
Ask: 103.00
Change: 2.50 (2.53%)
Spread: 3.00 (3.00%)
Open: 99.00
High: 101.50
Low: 99.00
Prev. Close: 99.00
CNC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS AND TRADING: Celebrus swings to profit; Aquila revenue flat

Mon, 27th Nov 2023 14:00

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

----------

Celebrus Technologies PLC - Middlesex, England-based data management platform, formerly known as D4t4 Solutions PLC - Says revenue in the six months to September 30 grew 60% to GBP13.0 million from GBP8.1 million the year before. Swings to pretax profit of GBP252,000 from a GBP1.1 million loss in the first half of financial 2023. Lifts interim dividend by 4.5% to 0.92 pence per share from 0.88p per share a year prior. Looking ahead, it says it is confident in achieving its full year market expectations of GBP32.1 million in revenue and GBP5.4 million in adjusted pretax profit. Chief Executive Officer Bill Bruno says: "Several key steps have been taken to further our strategy in the first half of the financial year. Not only have we delivered the expected results and continue to remain confident in our ability to meet market expectations for the full year, but we have continued to invest in Sales and Marketing and are seeing the positive effects in the form of building pipeline momentum... We continue to focus on driving ARR and our ability to build scalable, single-tenant, cloud-based environments for our Celebrus customers."

----------

Aquila Services Group PLC - London-based management consultancy services provider - Says revenue in the first half of its financial year ending March 31 is unchanged year-on-year at GBP5.9 million. Pretax profit drops 69% to GBP93,000 from GBP302,000 the year before. Interim dividend remains unchanged YoY at 0.25p per share. Looking ahead, notes a positive outlook for the second half of the year.

----------

Concurrent Technologies PLC - Essex, England-based designer and manufacturer of computer boards -

Expects to deliver full-year revenue ahead of market expectations of GBP27 million. Says revenue for the six months to December 31 is expected to be "substantially higher" than a year ago, due to the "strength of order intake over the preceding 24 months enabled by the significant investment in product development undertaken to facilitate new customers and design wins." CEO Miles Adcock says: "The performance of the team across the company has been exceptional throughout the year and, coupled with the continued easing of supply chains, we have seen revenue run rates almost double when compared to historical norms. Our success with design wins provides confidence that order intake moving forward will continue the current level of strong performance which will position us well to enjoy further growth through [2024] and beyond.

----------

San Leon Energy PLC - Nigeria-focused oil and gas production, development and exploration company -

Says it has not received payment of up to USD187 million from Tri Ri Asset Management Corp. Says it continues to work with TRAM to "understand the reasons for the delay and to enable funds to be released." Previously confirmed that all conditions precedent to its investment have been satisfied, and requested draw down of the USD125.0 million convertible secured loan. Says that Tri Ri Asset has confirmed that payment has been made.

----------

Lexington Gold Ltd - Signs deal with Discovery Drilling for 2,000 metre drill programme at the Bothaville project in Witwatersrand Gold Basin, South Africa. Expects drilling to start in mid-December. Chair Ed Nealon says: "This initial drilling campaign is being undertaken on the very prospective Bothaville NE tenements located 70 km NE of the world-famous Welkom Goldfield. The target is the shallow A-Reef horizon which subcrops at a depth of only 250m. Previous drilling has indicated good grades for the A-Reef and at such a shallow depth this represents a viable target for the economic development of a Witwatersrand reef horizon. This is a very interesting start to Lexington's campaign seeking to discover a new and viable gold reef horizon in a region of obvious gold mineralisation."

----------

TruSpine Technologies PLC - London Gatwick Airport-based medical device company - Continues to be in talks with the US Food & Drug Administration over its 510(k) application for Cervi-LOK. Last month, the FDA confirmed it had completed the technical screening of TruSpine's 510(k) submission, which was submitted in late July, but sought further clarification on certain matters. The application was placed on technical screening hold "until such time the relevant information requested has been provided to the FDA", adding that the submission could remain on hold until March 25 next year. Cervi-LOK is a screw free spinal stabilisation system.

----------

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
24 Feb 2015 09:17

Concurrent Technologies Launches New AdvancedMC Module

Read more
23 Feb 2015 09:20

Concurrent Technologies Releases Latest Generation CompactPCI Board

Read more
3 Sep 2014 14:15

Concurrent Technologies Launches Three New XMC Storage Adapters

Read more
26 Aug 2014 08:35

Concurrent Technologies To Make Write Downs Due To UK Export Controls

Read more
18 Jul 2014 13:35

Concurrent Technologies Says New License Will Simplify Product Exports

Read more
1 Jul 2014 15:28

Concurrent Technologies Says UK Government To Relax Encryption Export Rules

Read more
23 Jun 2014 10:15

Concurrent Technologies Launches AdvancedMC Computer

Read more
27 May 2014 13:18

Concurrent Technologies Trading In Line

LONDON (Alliance News) - Concurrent Technologies PLC said Tuesday it has traded in line with expectations in the year so far. In a statement released ahead of the company's annual general meeting Tuesday Chairman Michael Collins said "Our investment in developing single board computers with

Read more
13 May 2014 13:33

Concurrent Technologies Launches New Processor Boards

LONDON (Alliance News) - Concurrent Technologies PLC Tuesday said it has launched two new additions to its VME and CompactPCI range of embedded processor boards, using the Intel Atom processor. The Intel Atom processor, provided by technology firm Intel Corp, powers a variety of devices suc

Read more
8 Apr 2014 11:50

DIRECTOR DEALINGS: Concurrent Tech Directors Exercise Options

LONDON (Alliance News) - Concurrent Technologies PLC Tuesday said a group of directors including Managing Director Glen Fawcett exercised options and sold shares at a price of 36 pence per share.

Details are as follows.

Read more
25 Mar 2014 13:50

Concurrent Technologies Profit Hit By Export Licence Restrictions

LONDON (Alliance News) - Concurrent Technologies PLC raised its total dividend for 2013, and saw pretax profit drop, as it was hit by export licence restrictions. Concurrent Technologies produces computer products for the defence, aerospace, transportation, telecommunications, scientific an

Read more
27 Dec 2013 12:59

Concurrent Technologies says 2013 in line with forecasts

Concurrent Technologies, the AIM-listed computer products group, pushed its share price higher on Friday by saying that results for 2013 will be broadly in line with expectations. The firm, which has a market capitalisation of around £26.7m, makes products for the defence, aerospace, transport, sci

Read more
14 Aug 2013 16:01

Sector movers: Imagination boosts tech stocks higher

Strong gains from FTSE 250 chip designer Imagination Technologies gave the technology sector a lift on Wednesday, with shares rebounding after their recent weakness. The stock slumped to a 52-week and three-year low of 235.1p on July 31st on concerns over market share losses, but has risen strongly

Read more
21 Dec 2012 13:35

Concurrent Technologies launches new gadget

Concurrent Technologies unveiled Friday the launch of its first single board computer featuring a Serial Rapidio interface. The UK arm of the global company said its latest offering - the AM 93x/x1x - is a high performance AdvancedMC processor board and combines the power-efficient third generation

Read more
13 Sep 2011 14:06

All hands on deck as Admiral non-exec buys

Non-executive of Admiral, John Sussens's wife has bought £381,900 worth of shares in the insurance firm. This is the second purchase for wife Cheryl, increasing her stake in the company by 30,000 shares to a total of 52,000. The first purchase, made at the end of August, saw the shares purchased

Read more

Quickpicks are a member only feature

Login to your account