Spirent shares sink over 30 per cent after profit warning
British telecoms testing services provider Spirent Communications warned of lower annual profit on Wednesday.
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British telecoms testing services provider Spirent Communications warned of lower annual profit on Wednesday.
Spirent Communications reduce outlook for the near term
Spirent Communications (LSE:SPT)’s share price plunged by more than 30% on Wednesday morning after the company released a profit warning for the third...
Spirent Communications cut its near-term outlook on Wednesday as it pointed to an "extremely challenged" telecommunications market and the fact its largest customers are delaying expenditure and technology investments.
The telecoms testing business saw its shares tumble by 31.3 per cent to 90.1p on Wednesday, making them the biggest faller by some distance on the FTSE 250 Index.