LONDON (ShareCast) - (Sharecast News) - Broadcast content playout software company Pebble Beach Systems Group updated the market on Tuesday, ahead of the publication of its interim results later in the month, saying it expected to achieve H1 revenue of around £3.9m - down from £4.6m last year.
The AIM-traded firm said that result was amid "unsettled" market conditions during a period of "technology and commercial transition", coupled with delayed timing of order intake in the first half.

"The board is confident of improvements in H2, with an increased backlog of £4.7m at 30 June and a growing pipeline, bringing the full year revenues marginally below FY17," Pebble Beach's directors said in their statement.

"The company fully expects to deliver improved profitability as a direct result of the restructure undertaken throughout 2017 and H1 2018."

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