Quixant, a manufacturer of software and hardware for gaming machines, reported its Q2 update on trading for the first six months of 2017, with an expected 14 per cent revenue growth year on year.
The company reported that trading in the first six months of the year has been stronger than previously anticipated and it expects to report revenue for the first half of approximately US$56m, with both the core gaming division and Densitron performing well.
The company has reported elevated demand from key customers in the core gaming division in the first half of the year, which has boosted revenue in the period. “As a result, we currently anticipate that, unlike previous years, the company's full year results will be first half weighted,” they added.
The company's interim results for the six months ended 30 June 2017 are expected to be announced on 21 September 2017.
Jon Jayal, chief operating officer of Quixant, said: "I am delighted with the Group's strong performance in the first half of the year. As a result we are very confident of achieving market expectations for the full year."
