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Investegate |Quixant PLC Announcements | Quixant PLC: Result of AGM


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About Quixant
Quixant, founded in 2005, designs and manufactures highly optimised computing solutions and monitors principally for the global gaming and broadcast industries. The Company is headquartered in Cambridge in the UK, with offices throughout Europe, North America and Asia.  Quixant has its own manufacturing and engineering operation based in Taiwan and software engineering and customer support teams based in Italy and Slovenia. All the specialised products software and manufacturing are produced in-house and Quixant owns all its own IP some of which is protected by patents and design rights.
In November 2015 Quixant acquired Densitron Technologies plc. Densitron has a strong heritage in the sale of electronic display solutions to global industrial markets. Through Densitron s experienced sales team, Quixant has a robust platform to build its business into wider industrial markets. In-depth information on the ....

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Quixant declares dividend even after swinging to loss | 14 April 2021


14 April 2021 | 07:42am
StockMarketWire.com - Gambling and broadcasting technology group Quixant swung to a full-year loss after the pandemic hurt the casino sector.
Pre-tax losses for the year through December amounted to $2.0 million, compared to a year-on-year profit of $9.4 million. Revenue droppped 31% to $63.8 million.
Adjusted pre-tax profit tumbled to $1.3 million, down from $10.7 million.
Quixant declared a full-year dividend of 2p per share, citing confidence in its prospects.
Considering that our key global gaming market was so materially impacted in 2020 due to the pandemic, I believe that to report an adjusted profit before tax and an improvement in our net cash position from 2019 is a remarkable achievement, chief executive Jon Jayal said. ....

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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Quixant declares dividend even after swinging to loss


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TRADING UPDATES: Quixant swings to 2020 loss but recommends dividend


TRADING UPDATES: Quixant swings to 2020 loss but recommends dividend
Wed, 14th Apr 2021 12:04
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Quixant PLC - Cambridge-based technology outsourcer for gaming industry - Revenue for 2020 falls 31% to USD63.8 million from USD92.3 million the year before due to Covid-19 weighing heavily on demand in the gaming business, and the firm swings to a pretax loss of GBP2.0 million from a profit of GBP9.4 million in 2019. Despite loss, Quixant declares dividend of 2.0 pence share, versus none in 2019. The board is confident in the future prospects of the group which is reflected in our decision to recommend payment of a dividend, Chief Executive Jon Jayal says, adding that 2021 has started strongly with healthy order intake. ....

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