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Pace Expects Higher Revenues For H1 - Quick Facts

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.

by RTTNews Staff Writer

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