BATM Advanced Communications warns on lower revenue

BATM Advanced Communications, a designer and producer of telecom systems and medical laboratory diagnostic systems, saw its share price take a hit after saying revenue for the half year ended June 30th is set to be four million dollars lower than the same period the previous year.

BATM Advanced Communications, a designer and producer of telecom systems and medical laboratory diagnostic systems, saw its share price take a hit after saying revenue for the half year ended June 30th is set to be four million dollars lower than the same period the previous year.

Revenue is now expected to come in at $52m on a like-for-like (lfl) basis and excluding revenues from the discontinued legacy telecom business.

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