Thu, 31st Jan 2013 13:41
(ShareCast News) - Shares in Mobile Streams tumbled after the company said its revenues for the current financial year were likely to be materially lower than current market consensus while core earnings will be around break-even. The AIM-listed mobile media group said this was a result of its inves
Read more(ShareCast News) - Shares in Mobile Streams jumped 19% despite posting a sharp decline in full-year revenues due to a challenging Argentinian market. The mobile media company said earnings before interest, taxes, depreciation, and amortisation will be in line with expectations. However, its revenue
Read moreMobile Streams noted the spike in its share price on Wednesday and said it does not know the reason for the move. "The Directors confirm that they know of no reason for the price movement," the company said. At 14:26, the shares were up a 33% at 7.47p, having hit a high of 10p earlier in the sessio
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