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Pin to quick picksFiltronic Share News (FTC)

Share Price Information for Filtronic (FTC)

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Share Price: 72.00
Bid: 71.00
Ask: 73.00
Change: -1.00 (-1.37%)
Spread: 2.00 (2.817%)
Open: 72.00
High: 75.00
Low: 72.00
Prev. Close: 73.00
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Sector movers: Weak earnings from IBM weigh on UK tech stocks

Mon, 20th Oct 2014 13:52

Disappointing results from US tech titan IBM were weighing on hardware and equipment stocks this side of the Pond on Monday.IBM reported a profit of just two cents a share for the three months to 30 September, compared with $3.68 a year earlier, on revenues that declined to $22.4bn from $23.3bn.Adjusted earnings fell 10% to $3.68 a share, well below the $4.31 expected by analysts.Chief executive Ginni Rometty admitted the board was "disappointed in our performance".She said: "We saw a marked slowdown in September in client buying behaviour, and our results also point to the unprecedented pace of change in our industry."Sentiment was also hit by the news that IBM has agreed to pay $1.5bn to sell-off its loss-making chip manufacturing division.UK-listed chipmakers ARM Holdings and Imagination Technologies were 2-3% lower in afternoon trade.Nanoco, CSR, Spirent Communications, Filronic and BATM Advanced Communications were also unwanted.ARM's own third-quarter results are due out on Tuesday and are expected to show that earnings rose to 24 cents a share in the third quarter, from 18 cents a year earlier. Revenues are forecast to have increased 11% to $329.4m.Investors in the industry were also likely showing caution ahead of the quarterly earnings from smartphone and tablet giant Apple after the closing bell on Wall Street.Guidance for the current quarter is likely to garner the most attention given the recent launch of new models of its popular iPhone and iPad gadgets."This week alone, around a fifth of the S&P 500 companies are scheduled to report earnings which, given how quiet a week it is on the economic data side of things, could well have a big impact on investor sentiment," said analyst Craig Erlam from Alpari UK.Top performing sectors so far todayFood Producers & Processors 7,015.30 +1.35%Food & Drug Retailers 2,542.47 +1.06%Real Estate Investment Trusts 2,757.46 +0.52%Industrial Transportation 2,733.38 +0.38%Household Goods & Home Construction 11,764.83 +0.35%Bottom performing sectors so far todayTechnology Hardware & Equipment 1,041.74 -2.33%Oil & Gas Producers 7,326.87 -2.22%Industrial Metals & Mining 1,332.59 -1.80%Automobiles & Parts 7,025.89 -1.73%Forestry & Paper 10,502.07 -1.71%
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25 Oct 2018 10:43

Filtronic Shares Drop On Uncertain Antenna Sales Outcome

LONDON (Alliance News) - Shares in Filtronic PLC plunged on Thursday as the company warned against a number of variables "outside of its control" affecting sales of its Massive MIMO in a

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25 Oct 2018 08:48

Filtronic warns near-term forecasting has become 'very difficult'

(Sharecast News) - Without mentioning any numbers, Filtronic said it has traded in line with expectations in the first half of its fiscal year but warned that uncertainties regarding the tail-off of its legacy filter sales and the adoption of its new Massive MIMO antennas had made near-term forecasting "very difficult".

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18 Oct 2018 15:55

UK Shareholder Meetings Calendar - Next 7 Days

Friday 19 OctoberRoss GroupPurplebricksAshmore GroupDechra 22 of London Investment 23

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21 Sep 2018 10:35

WINNERS & LOSERS SUMMARY: Miners Up On Rising Commodity Prices

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 3.3%; Anglo American, up up

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30 Aug 2018 11:25

Filtronic gets another mMIMO order

(Sharecast News) - Designer and manufacturer of antennas, filters and mmWave products Filtronic announced the receipt of a follow-on production order from an unnamed major European original equipment manufacturer for its 'Massive MIMO' (mMIMO) antenna product on Thursday.

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16 Aug 2018 11:54

Filtronic Confident On Strategy As Annual Profit And Revenue Declines

LONDON (Alliance News) - Microwave electronics products firm Filtronic PLC said it is "very pleased" with progress made in its most recent financial year despite a fall in profit and the

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9 Aug 2018 16:00

UK Earnings, Trading Statements Calendar - Next 7 Days

Friday 10 August Volution GroupHalf Year ResultsVitec GroupTrading Secured Direct Year 13

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2 Jul 2018 12:55

Filtronic Expects Annual Profit Rise, But Substantial Revenue Drop

LONDON (Alliance News) - Antenna and filters manufacturer Filtronic PLC said on Monday that trading in the second half of its financial was in line with market guidance.As a result, for the

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23 Jan 2017 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

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12 Dec 2016 10:48

Filtronic secures £13m supply deal with defence equipment manufacturer

(ShareCast News) - Filtronic's broadband business has entered into a multi-year agreement with a "major" defence equipment manufacturer to supply specialist high-frequency modules for a latest generation defence-related aerospace application. The eight-year agreement - which is expected to generate

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5 Dec 2016 10:09

Filtronic on track for solid numbers in first half

(ShareCast News) - Designer and manufacturer of microwave electronics products, Filtronic, posted a trading update for the six months to 30 November on Monday. The AIM-traded company traded strongly in the first half of its financial year and said it expects to report unaudited revenues for the peri

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2 Aug 2016 13:55

Filtronic sees return to profit; no immediate impact from Brexit

(ShareCast News) - Electronics maker Filtronic said it had narrowed full year losses and was looking to a return to profitability. Pre-tax losses were cut to £7m from £11m on sales revenue of £13.6m compared with turnover of £17.5m in 2015 as new orders arrived in the fourth quarter for Filtronic's

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20 Jun 2016 09:40

WINNERS & LOSERS SUMMARY: Cat Allergy Disappointment Sinks Circassia

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20 Jun 2016 07:24

Filtronic Annual Revenue Falls But Sees Big Improvement In Second Half

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16 May 2016 10:59

DIRECTOR DEALINGS: Filtronic Finance Director Buys Shares

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