Spectra is a global leader in machine-readable high-speed banknote authentication, brand protection technologies, and gaming security software. This morning’s positive news relates to a signed basic research contract for a G7 bank, the margin profile of which is better than our model FY 2019 model had estimated. As such, our FY2019E revenue expectation is unchanged at $12.2m; however, our adjusted profit forecast is raised by 11% to $4.0m (from $3.6m), yielding adjusted EPS of 8.8c. FY2018 estim ....
18 Mar 2019
Morning Comment
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Morning Comment
Spectra Systems Corporation (SPSY:LON) | 218 0 0.0% | Mkt Cap: 98.5m
- Published:
18 Mar 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 positive news relates to a signed basic research contract for a G7 bank, the margin profile of which is better than our model FY 2019 model had estimated. As such, our FY2019E revenue expectation is unchanged at $12.2m; however, our adjusted profit forecast is raised by 11% to $4.0m (from $3.6m), yielding adjusted EPS of 8.8c. FY2018 estim ....