Anite expects full-year revenue, profits to be in line with expectations
12th May 2015 14:39
Software and hardware provider Anite said its full-year results will be in line with expectations thanks to a strong final quarter. The company added that revenues and adjusted operating profits are in line with forecasts thanks to good performance in its network testing and device & infrastructure
Read moreAnite beats third-quarter trading expectations
10th Feb 2015 11:56
Wireless software and equipment company Anite performed above expectations in its third quarter, as trends from a strong first half of the financial year continued. The third quarter to the end of January is typically a subdued time for Anite, but on surprisingly positive figures the company maintai
Read moreSector movers: Software stocks rise as Sage results impress
3rd Dec 2014 14:40
Software and computer services stocks were the best performers in London on Wednesday as a well-received annual report from Sage gave the sector a boost. Sage, the FTSE 100 company which makes business software for accounting, payrolls and forecasting, saw shares rise 5% in afternoon trade as it rep
Read moreAnite H1 revenues rise despite challenging wireless market
2nd Dec 2014 12:10
Anite, a software solutions provider, said its half year results were in line with expectations despite difficult market conditions. Revenues were up 3% to £49.0m. As a result, adjusted profits before tax doubled from £2.5m to £5.1m. The company said strong demand from Asia Pacific offset weakness
Read moreFriday broker round-up UPDATE
3rd Oct 2014 09:25
Anite: Investec places its target price (prev.: 90p) under review maintaining a hold recommendation. Avon Rubber: WH Ireland ups target price from 765p to 800p and retains a buy recommendation. Investec ups target price from 700p to 720p upgrading from add to buy. BTG: Panmure Gordon raises target
Read moreWednesday broker round-up UPDATE
2nd Jul 2014 09:38
Anite: Investec places its target price (prev.: 88p) under review, while its hold recommendation remains unchanged. Ashcourt Rowan: N+1 Singer moves target price from 231p to 242p and keeps a buy recommendation. BG Group: Canaccord Genuity raises target price from 1250p to 1450p upgrading from hol
Read moreEarnings slip at Anite
2nd Jul 2014 07:52
- Full-year earnings slip - Tough market conditions at Handset Testing business - Current trading ahead of same period last year Software solutions provider Anite reported a decline in full-year earnings after challenging market conditions in its Handset Testing business, but said earnings picked u
Read moreTuesday tips round-up: UK E&Ps, Anite
13th May 2014 08:14
UK-listed oil exploration companies have done well of late, after the valuations for many of these fell below their net asset values per share over the winter and many oil majors - including Shell, BG, BP - were busy selling upstream assets. Indeed, over the last three months the FTSE 350 oil produc
Read moreAnite rises after positive first half performance
12th May 2014 14:17
Anite saw its share jump by nearly a tenth on Monday after it said second half cash generation was stronger than anticipated and confirmed full-year revenue would be in line with expectations. The software solutions provider described its final quarter of trading as "encouraging" and said the perf
Read moreSunday newspaper round-up: AstraZeneca, BSkyB, interest rates
11th May 2014 11:23
Pfizer has been advised by a top US law firm that its assurances over the proposed £63bn takeover of AstraZeneca are legally binding, the Sunday Times reported. Chief Executive Ian Read hopes the opinion from Skadden Arps will help cool the political argument over his intended deal. He will be quest
Read moreWednesday broker round-up UPDATE
19th Feb 2014 08:33
Anite: Panmure Gordon lowers target price from 146p to 139p, while leaving its buy recommendation unaltered. Bank of Georgia: Canaccord Genuity increases target price from 2100p to 2400p, while leaving its hold recommendation unchanged. BHP Billiton: Investec raises target price from 1926p to 1985
Read moreWednesday broker round-up UPDATE
11th Dec 2013 08:35
Afren: Goldman Sachs lowers target price from 280p to 270p, while leaving its strong buy recommendation unaltered. Canaccord Genuity takes target price from 190p to 205p and keeps a buy recommendation. Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 44
Read moreAnite first-half profit sinks after contract delays
9th Dec 2013 08:33
Anite said pre-tax profit for the six months to the end of October slumped 64 per cent after contract delays at its main handset-testing division. The group, which provides software solutions to the international wireless and leisure travel industries, said pre-tax profit fell to £5.1m during the
Read moreMonday broker round-up UPDATE
9th Dec 2013 08:31
Alternative Networks: FinnCap takes target price from 390p to 430p and retains a buy recommendation. Investec ups target price from 390p to 440p maintaining a buy recommendation. Anite: Panmure Gordon shifts target price from 142p to 143p and keeps a buy recommendation. Canaccord Genuity upgrades f
Read moreAnite directors stock up after profit warning
31st Oct 2013 16:22
Directors at Anite made a round of share purchases on Wednesday, the biggest of which was made by Chairman Clay Brendish and Non-Executive David Hurst-Brown. Brenish acquired 28,250 shares at 91.00p, costing him a total of £25,708, while Hurst-Brown bought up 50,000 shares at 89.50p for a total of
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