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ANT

  • BY: Andrew Hore |
  • POSTED: 26/01/2010 |

Digital TV software and services provider ANT will report a lower than expected 2009 loss.

The loss should be around £700,000, against expectations of £900,000 and a figure of £1m in 2008. There is still £5m in the bank.

Revenues are expected to grow from £3.7m to at least £4.7m. The figure would have been higher but for currency movements.

ANT has extended its licence agreement with Cisco, which uses ANTís Gallio platform in mainstream cable products.

Full year figures will be published on 1 March.

At 31.5p a share, up 2p on the day, ANT is valued at £7.65m.

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