Amino returns to profit

Amino Technologies says it expects to turn a small profit in the first half of 2012.

The Cambridge-based provider of IPTV technologies added that its cash balance remains strong at £13.9 million even after its share buyback and maiden dividend payment have been taken into consideration.

In the first half of 2011 Amino made a £400,000 loss.

Interim results are scheduled for July 17.

 

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You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com. Julian has been following the media world for over 20 years with a focus on the UK and Nordic markets, HD, 3D and connected TV technologies.