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3 years ago
BRIEF-Blinkx warns on first-half earnings, effects of disparaging blog linger
July 2, 2014 / 6:16 AM / 3 years ago

BRIEF-Blinkx warns on first-half earnings, effects of disparaging blog linger

LONDON, July 2 (Reuters) - Blinkx Plc

* Trading for first half period has been below management expectations.

* During last three months saw lower than forecast demand, with a corresponding shortfall in revenues and ebitda

* Ebitda will be c. $5m below management expectations for period, based on company's internal models

* Attribute performance to industry-wide issues, compounded by lingering effects of disparaging blog about company Source text for Eikon: Further company coverage:

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