NTC netcomm wireless limited

Stratovarious I don't know why you consider the results to be a...

  1. 615 Posts.
    Stratovarious

    I don't know why you consider the results to be a "shocker". Expectations were NPAT of between $1M $1.3M. NPAT $1.625M is better than expected.

    The outlook also states:

    Managing Director David Stewart said "Momentum from the 2H 2010 result has been carried into the 2011 financial year as we continue to bring new global carrier partnerships into the
    NetComm Group. This is reflected in the previously released guidance for 2011"

    I would intrepret this as a confirmation of the previous guidance of the 2011 results (EBITDA of $8M - $13M). All good news in my book.
 
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