Quixant sees FY profit ahead of market views

Quixant anticipates that total revenue for the year will be not less than $86m and profit will be ahead of market expectations.

The Group's progress has accelerated in the second half of the year with the Gaming Division in particular showing strong year on year revenue growth.

Increased demand for Quixant's computer platforms for the gaming industry was evident from several customers.

"As a result the Board now expects EBITDA margins in H2 to be higher than previously anticipated, and significantly higher than the EBITDA margins achieved in H1," it said.