By Steve Moore | Tuesday 23 July 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
FTSE-250 LED technology (to reduce industrial maintenance, save energy, improve safety and ease disposal) company, Dialight (DIA) has announced a first half of 2013 underlying pre-tax profit from continuing operations of £5.4 million on revenue 12.8% higher than in the comparative prior year period, at £59.9 million, generating underlying basic earnings per share of 11.6p, down from 17.3p... Consensus estimates for the full-year were for earnings per share (2012: 41.7p) of more than 51p – which looks a big ask given the half-year performance...
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