Cambridge-based Amino Technologies now expects to report revenue and profit for the full year ended November 30, 2016 marginally ahead of revised market expectations.
Earlier, it announced on October 10 that it had set out better than expected trading for the full year ended November 30, driven by record orders in August coupled with favourable foreign exchange effects.
Amino’s cash position at November 30 was £6.2 million (£2.1 million a year earlier), which is also ahead of market expectations.
Commenting on today’s announcement, Keith Todd CBE, non-executive chairman, said: “This has been a transformative year for Amino in terms of the scope, scale and performance of the business. With strong financial metrics, a solid order backlog and our enhanced product offering, the company goes into 2017 with confidence.”
Amino, which is a provider of digital entertainment solutions for IPTV, internet TV and in-home multimedia distribution, will announce its full year results on February 7, 2017.