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Imagination Technologies Group PLC Sees H2 2013 Pre-Tax Profit Guidance Below Market Expectations

Thursday, 2 May 2013 02:00am EDT 

Imagination Technologies Group PLC announced that for the second half of 2013, it expects adjusted pre-tax profits to be below market expectations due to the closure timing of a number of licensing deals and continued short-term pressure on Pure's revenue. According to I/B/E/S Estimates, analysts were expecting the Company to report pre-tax profits of GBP26.1 million for the second half of 2013. 

Company Quote

-4.1 -2.09%
11:39am EDT