Half Year Results 

Caught in Quixant

Caught in Quixant

There has been trouble down under for Quixant (QXT) this year. The gaming and broadcast technology group brought forward its half-year results announcement by a week to warn that weakness in orders would lead profits for the full year to fall in the range of $12m-$13m (£9.6m-£10.4m). Prior to the announcement, house broker FinnCap had been forecasting profits of $22m. 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now