NuSep forecasts swing to loss on software unit
Life sciences company, NuSep (ASX:NSP), has forecast a swing to a $2.5 million loss in FY11, due partly to poor performance at its new IQ Software division.
Life sciences company, NuSep (ASX:NSP), has forecast a swing to a $2.5 million loss in FY11, due partly to poor performance at its new IQ Software division.
Reverse Corp (ASX:REF) expects an up to 70 per cent decline in full-year profit for FY11, on slowing call volumes and the strong Australian dollar.
Melbourne IT (ASX:MLB) has reported a 4.5 per cent decrease in calendar 2010 profit on transformation costs and forex losses.
A significant reduction in hardware spend in Tasmania has caused a drop in net profits for Australian IT company Anittel (ASX:AYG) of $13.46 million for the six months ended 31 December 2010.
Serviced and virtual office provider Servcorp (ASX:SRV) has reported a 95.8 per cent decrease in pre-tax profit, blaming slower than expected global economic recovery.