Antaria Limited provided earnings guidance for the half year ended December 31, 2014. For the period, the company is expected to report a net profit of about AUD 20,000 compared with a loss of AUD 121,402 for the prior corresponding period. The company pointed out its presentation at the annual general meeting on November 27 indicated the following profit outlook: first half 2015 likely to produce similar or slightly worse outcome to prior corresponding period loss of AUD 120,000, due to lower Alusion revenues and impact on gross margins as Alusion is a higher-margin product.
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- Antaria Limited Provides Earnings Guidance for the Half Year Ended December 31, 2014