Optos plc (OPTS.L) reported underlying revenue growth of 18% for the first quarter compared to the same period last year, driven by a large volume of capital sales. Headline revenue was down 4% to $40.3 million from $41.9 million last year. The company said it has sold 267 Daytonas in the first quarter, secured an order for 250 devices with a corporate player and see continued demand for its other products - 200Tx and P200.
Optos said continuing economic difficulties in Europe have adversely affected trading conditions in the relatively modest market for Optos, trading elsewhere was strong in December and continues to be so in the first weeks of the second quarter.
For comments and feedback: editorial@rttnews.com