Endace half year revenues to edge higher

Network monitoring solutions provider Endace is expecting its revenue for the six months ended September 30th to be around three per cent higher compared to the same period the previous year.

Network monitoring solutions provider Endace is expecting its revenue for the six months ended September 30th to be around three per cent higher compared to the same period the previous year.

As such, turnover will be around $19.2m for the half year, while pre-tax profit, adjusted for share option costs, is set to be broadly break-even (2011: $0.2m). The gross margin improved to 75.0%, compared to 72.6% in the same period last year.

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