Intercede turns to a half year loss

Security software provider Intercede has turned to a loss for the half year ended September 30th, which the firm blamed on the implementation of its strategic investment programme to accelerate the growth of the business.

Security software provider Intercede has turned to a loss for the half year ended September 30th, which the firm blamed on the implementation of its strategic investment programme to accelerate the growth of the business.

On revenues of £3.51m (2011: £3.53m) the firm delivered a loss of £0.84m, compared to a profit of £0.7m the same period the previous year. Earnings per share fell from 1.4p to a loss of 0.2p.

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