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Oxford Metrics lays out Covid hits

StockMarketWire.com

AIM-listed analytics software provider Oxford Metrics has announced that year to September 2020 revenues are expected to be down 14% to £30.3 million and adjusted pre-tax profit down 55% to £2.5 million, against original expectations of £37.7 million and £7 million respectively.

Trading was impacted by the slippage of contract orders for Vicon (echoing trends in the first half) and muted activity for Yotta during lockdown.

At 10:11am: (LON:OMG) Oxford Metrics Plc share price was +1.5p at 75.5p


Story provided by StockMarketWire.com