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Quixant still expecting large fall in annual profit | 27 January 2021 - Vimarsana News

Quixant still expecting large fall in annual profit | 27 January 2021

27 January 2021 | 07:49am StockMarketWire.com - Gambling and broadcasting technology group Quixant confirmed that it expected to report a slump in annual profit as the pandemic hurt sales. Adjusted pre-tax profit was still expected to be at least $1 million, with revenue expected to be $63.8 million, the company said. For 2019, it had reported adjusted pre-tax profit of $10.7 million and revenue of $92.3 million. The company had in December forecast a fall in adjusted profit to at least $1 million and revenue of at least $61 million. 'I am pleased with our resilient performance during a perio...