Results: QXT

Search articles by EPIC code
EPIC QXT
views

Quixant – I could anticipate the further “softness in demand”, so why didn’t the company?

Previously writing on self-styled “a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries” Quixant (QXT), in September with the shares slumping to just over 160p I questioned were even reduced forecasts realistic given customers have informed that order levels will not return to previous levels through “at least” the first half of 2020. Now a “Trading Update”

EPIC QXT
views

Quixant – having in July argued “a growing order book… positions us well to deliver a strong second half”…

On 23rd July it was “Quixant (AIM: QXT), a leading provider of innovative, highly engineered technology products principally for the global gaming industry, is pleased to provide an update on trading for the six months ended 30 June 2019... H1 2019 was completed as we expected and reported in March, with the lower than anticipated consumption of some major customers improving as we enter the second half… a growing order book during H1 positions us well to deliver a strong second half to the year… The company's interim results for the six months ended 30 June 2019 are expected to be announced on 24 September 2019”. Now, 17th September, “Interim Results”. Hmmm…

Page 2 of 2 (20 articles)
Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Complete Coverage

Recent Comments

|