Scots Stocks: Wider Loss Forecast Overshadows Huge Surge in I- Design Earnings

Summary


SHARES in i-design tumbled 9 per cent to 19.5p yesterday despite the Fife-based company, which provides advertising software for ATM network owners, unveiling robust full-year results, with revenues more than doubling to GBP 2.07 million in the year to 30 September.

The shares rose earlier in the day, but traders seemed to take fright after analysts at Edison raised their 2009 full-year loss estimate to GBP 340,000 from almost break-even.

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Scots Stocks: Wider Loss Forecast Overshadows Huge Surge in I- Design Earnings

Faroe Petroleum surged 21.5 per cent to ...

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