Altron share price slumps after earnings warning

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

The technology company says the decline is largely due to the exclusion of its Bytes business in the UK that has been spun off

Altron shares slumped almost 5% on Thursday after the company forecast that full-year earnings will plunge by as much as three-quarters on impairments and the exclusion of Bytes UK’s results.

The stock ended the day at R8.70, down 4.81% after the company reported group headline earnings per share for the year ended February are expected to be between 32c and 42c, down 69%-77%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Altron share price slumps after earnings warningThe technology company says the decline is largely due to the exclusion of its Bytes business in the UK that has been spun off That gentleman stepped down last year as CEO. Could you not use the picture of the current CEO? Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »

Altron slumps after earnings warningTechnology company says the decline is largely due to the exclusion of its Bytes business in the UK which has been spun off
Source: BDliveSA - 🏆 12. / 63 Read more »

Altron share price slumps after earnings warningThe technology company says the decline is largely due to the exclusion of its Bytes business in the UK that has been spun off That gentleman stepped down last year as CEO. Could you not use the picture of the current CEO? Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »

Altron slumps after earnings warningTechnology company says the decline is largely due to the exclusion of its Bytes business in the UK which has been spun off
Source: BDliveSA - 🏆 12. / 63 Read more »

Mondi quarterly earnings soar, bolstered by higher pricesPaper and packaging firm says Ebitda rose 63% in the three months to end-March and further price increases are likely I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you. Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07
Source: BDliveSA - 🏆 12. / 63 Read more »

AMD shares jump on earnings beatAMD has forecast stronger-than-expected full-year and second-quarter revenue, sending its shares higher.
Source: TechCentral - 🏆 8. / 71 Read more »