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Spirent Communications – “expect to deliver an adjusted operating profit in line with the market consensus”. Not in line with the original hopes though!…

By Steve Moore | Tuesday 16 January 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as a “leading provider of automated test and assurance solutions for next-generation devices and networks”, Spirent Communications (SPT) has issued a trading update including that it is “accelerating our focus on non-telco end markets, and we have seen good growth in order intake for our Positioning business and from Hyperscalers… We are pleased to have started the new financial year with a growing orderbook” and that “the long-term structural growth drivers for our business continuing to be compelling”. So what of a share price currently up towards 127p in response?
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