Solid State PLC (AIM:SOLI) shares were well bid in early trade after the component manufacturer said its full-year results be at least in line with consensus expectations.
Within the trading update, the component supplier said revenues for the 12 months ended March 31 would be a record £125mln - £40mln higher than the comparable period last year.
Analysts at WH Ireland and finnCap are currently expecting turnover of £120.3mln and adjusted profit before tax of £10.45mln.
Broker finnCap noted the stock had 'decent upside' as it repeated its 1,535p price target.
The shares advanced 23.25p to 1,120.75p in the first hour of trade.