Dialight Share News (DIA)

Broadcast technology supplier Vislink says that it will report a first half loss. Revenues will be 13% lower at £34m in the six months to June 2010. Full year revenues are expected to be around £85m. Broadcasters are delaying spending and there has even been a downturn in the marine CCTV business. Order inflow is lower. Vislink is cutting £3.5m from annualised costs. There was a sharp cash outflow in the first half with a net cash figure of £600,000 at the end of 2009 turning into net debt of £3.1m at the end of June 2010. There was a more positive trading statement from LED lighting company Dialight, which says that it expects to exceed earnings expectations for 2010. There was a strong first half performance from the indication components, thanks to restocking by customers, and the signals/illumination division, which is supplying lighting for contracts won last year. The interim figures will be published on 26 July 2010. FTSE TechMARK - RisersSkyepharma (SKP) 37.00p +18.40%Parity Group (PTY) 9.50p +11.76%NXT (NTX) 11.00p +7.32%Telecity Group (TCY) 399.50p +5.97%Oxford Instruments (OXIG) 290.00p +5.45%Dialight (DIA) 317.50p +3.08%Antisoma (ASM) 5.30p +2.71%Oxford Biomedica (OXB) 10.25p +2.50%Vernalis (VER) 34.50p +2.22%Phoenix IT Group (PNX) 232.00p +2.20%FTSE TechMARK - FallersVislink (VLK) 19.00p -16.48%Innovation Group (TIG) 10.50p -4.55%Vectura Group (VEC) 43.75p -3.85%Axis-Shield (ASD) 240.75p -3.22%Renovo Group (RNVO) 26.00p -1.89%ProStrakan (PSK) 68.00p -1.81%Genus (GNS) 743.50p -1.59%Phytopharm (PYM) 8.00p -1.50%Emblaze (BLZ) 35.00p -1.41%Corin Group (CRG) 53.75p -1.40%