Investors sent shares in Vislink (VLK) down 7 per cent in three days after the video capture and transmission specialist warned that orders and payments for new internet-enabled hardware products could slide into 2016. Management now expects sales to fall up to 13 per cent to £54m-£58m in 2015.
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More positively, Vislink's Pebble Beach software business landed its first order from internet channel Orca and won $2m in work with US content developer Scripps. Nonetheless, broker N+1 Singer slashed its forecasts and now expects EPS of 2.4p in 2015, rising to 3.7p in 2016 (2014: 4.1p).
