Spectra is a global leader in machine-readable high-speed banknote authentication, brand protection technologies, and gaming security software. This morning’s news relates to positive phasing of sensor related research revenues (initial contract signed earlier this year) for a G7 bank, and a strong first half for optical materials sales. As such, our FY2019E revenue expectation is upgraded to $12.7m (from $12.2m) while our adjusted profit forecast is raised by 10% to $4.4m (from $4.0m), yielding ....
29 May 2019
MORNING COMMENT
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MORNING COMMENT
Spectra Systems Corporation (SPSY:LON) | 223 0 0.0% | Mkt Cap: 100.8m
- Published:
29 May 2019 -
Author:
Matthew Davis -
Pages:
4
Spectra is a global leader in machine-readable high-speed banknote authentication, brand protection technologies, and gaming security software. This morning’s news relates to positive phasing of sensor related research revenues (initial contract signed earlier this year) for a G7 bank, and a strong first half for optical materials sales. As such, our FY2019E revenue expectation is upgraded to $12.7m (from $12.2m) while our adjusted profit forecast is raised by 10% to $4.4m (from $4.0m), yielding ....