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Pin to quick picksSpectra (unres) Share News (SPSY)

Share Price Information for Spectra (unres) (SPSY)

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Share Price: 250.00
Bid: 240.00
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IN BRIEF: Spectra Systems hires PwC and Mearthane alumnus as CFO

Tue, 30th May 2023 13:33

Spectra Systems Corp - Rhode Island, US-based authentication technology provider - Hires Edward Spies to be chief financial officer. Spies previously worked as a CFO consultant at accountants AAFCPAs from April 2021 to August last year and was CFO at polymer component manufacturer Mearthane Products Corp from March to September 2020. He started at accountants PricewaterhouseCoopers. Spectra announced in late April that Colleen Hamill had resigned "to explore other opportunities", after less than one year CFO. Chief Executive Officer Nabil Lawandy managed Spectra's finances in the interim, alongside Financial Controller Liz Squires.

Lawandy comments: "I am delighted to welcome Ed to Spectra Systems and believe that his breadth of experience, particularly in technology companies as well as mergers and acquisitions, will be of great value to the company in its next phase of growth."

Current stock price: 174.50, up 1.2% in London on Tuesday

12-month change: up 20%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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2 Oct 2019 12:15

Spectra Systems Signs Five-Year Service Contract Worth USD400,000

Spectra Systems Signs Five-Year Service Contract Worth USD400,000

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24 Sep 2019 12:03

Spectra Systems Interim Profit Down, Still Confident On Annual Results

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17 Sep 2019 16:11

Spectra Systems receives $1.3m contract from central bank

(Sharecast News) - Banknote authentication and brand protection technologies provider Spectra Systems Corporation has received funding approval for a $1.3m (£1.04m) contract with a G7 central bank to deliver three advanced quality control units used in the manufacturing of banknotes with its materials, it announced on Tuesday.

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11 Jun 2019 13:49

Spectra Systems secures ?3.2m banknote contract extension

(Sharecast News) - Spectra Systems signed a five-year contract extension worth a minimum of £3.2m with an existing optical materials customer.

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29 May 2019 08:06

Spectra Systems' revenues top expectations

(Sharecast News) - Authentication technology and software firm Spectra Systems told investors on Wednesday that it now expects full-year profits to exceed market expectations.

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18 Mar 2019 10:57

Spectra Systems full-year profit to top market expectations

(Sharecast News) - Spectra Systems, which provides secure transactions technology, said on Monday that profits for the year to the end of December 2019 will exceed market expectations.

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10 Dec 2018 08:45

Spectra Systems expects 'significant increase' to profits following surprise order

(Sharecast News) - Secure transaction and banknote technology firm Spectra Systems has received unexpected additional orders for its high-performance phosphor used by a G7 central bank.

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24 Sep 2018 09:59

Spectra Systems ups dividend as major contract boosts revenue

(Sharecast News) - Secure transaction and banknote technology firm Spectra Systems reported an increase in first-half revenue on Monday on the back of a large customer order.

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3 Sep 2018 15:13

Spectra Systems wins two new US lottery customers

(Sharecast News) - Machine-readable high speed banknote authentication and brand protection technologies provider Spectra Systems Corporation has been selected by two new US state lottery customers for eight and seven year contracts respectively, it announced on Monday.

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19 Mar 2018 11:50

Spectra Systems Profit Triples On Strong Banknote Security Sales

LONDON (Alliance News) - Spectra Systems Corp on Monday said its 2017 profit almost tripled on the year before as phosphor sales reached record levels.Spectra's for

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23 Jan 2017 12:45

Brian McLain joining Spectra as CFO

(ShareCast News) - Authentication technology supplier Spectra Systems announced on Monday that, subject to the satisfactory conclusion of due diligence, it has agreed to appoint Brian McLain as its new chief financial officer. The AIM-traded firm said McLain started his career in 1997 at Arthur Ande

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5 Dec 2016 15:44

Spectra Systems CFO resigns

(ShareCast News) - The chief financial officer of Spectra Systems, a supplier of authentication technology for banknotes, brands and tax stamps, has tendered his notice and will leave the company by the end of the year. Douglas Anderson is to leave the AIM-listed company on 31 December in order to "

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5 May 2016 08:19

Spectra Systems Gets 6-Year Chinese Contract For TruBrand Technology

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18 Apr 2016 08:24

Spectra Systems Sees "Excellent Prospects" As Profit Falls In 2015

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8 Feb 2016 12:14

Spectra Systems looking at 'significantly' improved 2015

(ShareCast News) - Spectra Systems' board indicated it was looking at a much better 2015 than it expected, in a trading update on Monday ahead of its full year results due in late April. The AIM-traded provider of machine-readable high speed banknote authentication and brand protection technologies

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