Eckoh FY Pretax Loss Narrows, Moves To Adjusted Pretax Profit

21st Jun 2010 07:20

LONDON (Dow Jones)--Eckoh PLC (ECK.LN), a developer of speech recognition solutions for customer contact centers, Monday reported narrowed full year pretax loss and said it moved to an adjusted pretax profit. MAIN FACTS: -Turnover for the year ended March 31 GBP7.92 million (2009: GBP6.67 million) -Operating loss GBP534,000 (2009: loss GBP1.76 million) -Pretax loss GBP197,000 (2009: loss GBP1.37 million) -Adjusted profit before tax GBP0.7 million (2009: loss GBP0.4 million) -Loss per share 0.06 pence (2009: loss 0.44 pence) -All figures reported are for continuing operations of the Speech Solutions division following the merger of the Client IVR division with Telecom Express Ltd. -Debt free financial position with a cash and short term investment balance of GBP3.9 million (2009: GBP5.2 million) -As a result of the strong progress made in growing the Speech division and the final restructuring of the Group, the Board remains highly confident of Eckoh's prospects. -Shares closed Friday at 4.75 pence. -By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268; [email protected] (END) Dow Jones Newswires June 21, 2010 02:20 ET (06:20 GMT)