News blog

LiDCO Group

  • BY: Andrew Hore |
  • POSTED: 20/05/2019 |

Patient monitoring equipment developer and supplier LiDCO Group says that first quarter trading was better than expected. 

This will help to underpin forecasts that the loss will almost halve to £1.1m this year.

Revenues were 38% higher with the US revenues 69% higher. This is due to the success of the high usage programme with more contracts added this year. Recurring revenues were 42% ahead.

There was strong growth from distributors, but this appears to be a question of timing and is unlikely to be replicated.

The share price had been trading at around its low, but the positive news helped it rise by one-quarter to 5p. There should be £1.2m in the ban at the end of January 2020. 

© 2019 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

News Blog
All micro news

Quoted Micro 19 August 2019

Continue reading... | 19/08/2019

Omega Diagnostics

Food intolerance and diagnostics company Omega Diagnostics has delayed its interim results announcement, although it figures appear likely to be in line with expectations. 

Continue reading... | 19/08/2019

Transense Technologies

More good news from Transense Technologies and the share price rose by 9.5p to 70.5p. 

Continue reading... | 13/08/2019

Ironveld

Ironveld has entered into confidentiality agreements with potential purchasers of its mining rights for the high-purity iron, vanadium and titanium project in the Bushveld complex in South Africa. 

Continue reading... | 12/08/2019

All micro news

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds