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Mirada plc climb AIM on interim results

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Mirada plc climb AIM on interim results

UK-based audiovisual specialist mirada plc (AIM:MIRA) is one of the biggest movers on the AIM market this morning, with shares up nearly 30 percent after the release of interim results.

The company announced a revenue of £2.26 million in the six months to September, up from £2.19 million in the previous half of the year.

Half-yearly highlights for the group included the continued commercial deployment of their first Televisa network and a roll out 20 percent ahead of management expectations. Two more networks – Cablevisión and Cablemás, both with headquarters in Mexico City – are expected to begin using mirada products commercially at the end of the current financial year.

mirada’s CEO José Luis Vázquez said in a statement:

“We now have a suite of seamlessly integrated products, that enables customers to manage TV experience from a tablet or smartphone and to move content from one screen to another.

“The team is performing well and is fully deployed on the projects announced in recent months. The immediate priority is the commercial roll out of the larger networks at Televisa, while continuing to develop our product suite.

mirada are are UK-based company who provide and support products and services in the digital television and broadcast markets. They have a 52 week range of between 4.00 and 14.50 and are currently trading up 29.82 percent at 6 pence per share.

30/12/2015