Altron share price slumps after earnings warning

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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.

 

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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
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

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
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

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
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