Spirent Communications cuts near-term outlook

4th Oct 2023 07:30

(Sharecast News) - Spirent Communications cut its near-term outlook on Wednesday as it pointed to an "extremely challenged" telecommunications market and the fact its largest customers are delaying expenditure and technology investments.

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Canaccord Genuity trims target for Spirent Communications, keeps at 'speculative buy'

3rd Aug 2023 09:35

(Sharecast News) - Canaccord Genuity analysts trimmed their target price for Spirent Communications, but kept their recommendation at 'speculative buy'.

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Spirent shares hit as first-half profits slump

2nd Aug 2023 15:10

(Sharecast News) - Shares in Spirent Communications slumped more than 8% after the telecoms testing company posted a sharp fall in half-year profit due to a slowdown in customer spending, but said it expected a better second six months of the fiscal year.

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Director dealings: Centrica board member invests, Spirent CFO uses purchase plan

25th Jul 2023 11:06

(Sharecast News) - Centrica found itself on the list of buys on a relatively quiet Tuesday for director deals, after one of its non-executive directors picked up almost 1,500 shares.

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Second-quarter upswing keeps Spirent on track

13th Jul 2023 07:30

(Sharecast News) - Automated network testing and assurance specialist Spirent Communications reported a recovery in customer spending and order intake during the second quarter on Thursday, after a slow start to the year.

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Spirent Communications continues to see customer order delays in Q1

4th May 2023 08:59

(Sharecast News) - Spirent Communications said on Thursday that it continued to see customer order delays in the first quarter, as expected, as it posted a drop in revenues.

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Spirent launches £56m share buyback

3rd Apr 2023 07:26

(Sharecast News) - Spirent Communications said it would start a £56m share buyback on Monday.

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Deutsche Bank lowers target price on Spirent Communications

22nd Mar 2023 10:28

(Sharecast News) - Analysts at Deutsche Bank lowered their target price on telecommunications testing company Spirent from 250.0p to 200.0p on Wednesday, stating the group had experienced a "tough H1 in prospect" and that "a rapid recovery" into 2024 was unclear.

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Berenberg upgrades Spirent Communications

15th Mar 2023 12:28

(Sharecast News) - Berenberg upgraded Spirent Communications on Wednesday to 'buy' from 'hold', citing a "great" entry point.

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Spirent FY profits rise but outlook cautious

7th Mar 2023 07:17

(Sharecast News) - Spirent Communications posted a rise in full-year profit and revenue on Tuesday as the order book grew, but cautioned over a more challenging first half of 2023.

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Spirent sees slightly higher adjusted profits as order book grows

20th Jan 2023 07:26

(Sharecast News) - Shares in telecoms testing company Spirent Communications slumped on Friday as the company said it expected earnings to be weighted towards the second half as customers delayed investment decisions.

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Spirent hails record Q3 order book

10th Nov 2022 07:13

(Sharecast News) - Spirent Communications reaffirmed its full-year expectations on Thursday as it hailed a record third-quarter order book.

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Spirent Communications posts jump in H1 profits

4th Aug 2022 09:21

(Sharecast News) - Spirent Communications posted a rise in first-half profit and revenue on Thursday as it hailed a record order book and a strong performance across all of its end markets.

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Spirent Communications order books grows 18% in Q1

6th May 2022 07:55

(Sharecast News) - Spirent Communications hailed continued strong momentum in the first quarter on Friday, reporting solid growth in the order book and backing its full-year expectations.

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Spirent Communications FY revenue and profits grow in 'year of increasing momentum'

10th Mar 2022 08:01

(Sharecast News) - Telecommunications testing company Spirent Communications said on Thursday that full-year revenue and profits had both improved during what it called a "year of increasing momentum".

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