Pace plc,(PIC.L), a developer of technologies and products for PayTV and broadband service providers, Wednesday said it expects revenue for first half of the fiscal to be ahead of the comparative period last year due to continuing demand for Media Server products in North America and the comparative half being impacted by Hard Disk Drive supply disruption.
The company in its Interim Management Statement for the 16 week period from January 1 to April 23 stated that the profitability is in line with the expectations.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.