Software Radio Technology navigates choppy waters - UPDATE

Software Radio Technology has said that revenues and profits for the first six months are ahead of 'internal budget expectations'.

Software Radio Technology has said that revenues and profits for the first six months are ahead of 'internal budget expectations'.

The company, which makes marine identifier technology, said that for the six months ending September 30th 2012 it expects to report revenues of £3.5m and pre-tax profits of £0.1m. This compares with revenues of £4.66m and pre-tax profits of £1.2m for the same period in 2011.

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