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Dell and HP to provide old-school feel to quarterly earnings this week

It is a busy week for UK small caps reporting September interims this week while the US is beginning to wind down for 2020 with the Thanksgiving holiday on Thursday.

DELL and HP report quarterly earnings this week

The week ahead

CML Microsystems Plc (LON: CML), which manufactures semiconductor solutions, reports interim results on Tuesday. In its half-year trading update last month, the company said that sales and new order intake for Storage semiconductors remained at healthy levels while demand for Communication products was somewhat weaker overall; however, new order intake from the Communications sector in the last few weeks of the half-year was more encouraging.

Eckoh PLC (LON: ECK), which provides secure payment products and customer contact solutions, reports interim results on Tuesday. In its half-year trading update last month, the company said it had delivered a robust performance in the period that was in line with the board’s expectations. While the first quarter was unsurprisingly challenging, especially for larger deals, the company said it had seen momentum building in the second quarter, particularly for US Secure Payments contracts delivered in the cloud.

Alpha Financial Markets Consulting PLC (LON: AFM), which provides specialist consultancy services to the Asset and Wealth Management industry, reports interim results on Wednesday. In an upbeat trading update last month, the company said it had achieved good net fee income growth as well as growth in adjusted underlying earnings (EBITDA). It said it had recently repaid the £5mln outstanding balance on its revolving credit facility and held cash balances of approximately £30mln at the end of September.  Later in the month, Alpha announced it had launched a dedicated ESG & Responsible Investment practice.

D4t4 Solutions PLC (LON: D4T4), the data solutions provider, announces interim results on Wednesday. In its half-year trading update last month, it said group revenue and adjusted profit were in line with management expectations. Revenue dipped by about 42% to £5.09mln while net cash had risen to £12.08mln. Earlier this month, the company said it had won four new contract wins for the group's Celebrus family of products, which will add about £5.5mln to revenue in the current financial year and hence management is anticipating a strong second-half performance.

Calnex Solutions PLC (LON: CLX), the telecoms test and measurement solutions provider, reports its maiden interim results as a listed company on Wednesday. The company raised £22.5mln in its IPO when it joined AIM last month.

Shearwater Group PLC (LON: SWG), which provides cybersecurity, advisory and managed security services, reports interim results on Wednesday. In its half-year trading update last month, the company said it had enjoyed a resilient performance during the period in line with the board’s expectations. It expects to report first-half (H1) revenue of about £11mln (H120: £16.3mln) and underlying EBITDA of £1mln (H120: £1mln). Improved efficiencies in the group's software division continue to deliver an underlying EBITDA margin of around 40%

Tracsis Plc (LON: TRCS), which provides software, hardware and services for the rail, traffic data and wider transport industries, reports annual results on Thursday. In its post-period trading update in August, the company said it expects to report group revenues of around £48mln (2019: £49.2mln). As noted previously, Covid-19 had a negative impact of around £10mln on overall revenues mainly in the Traffic & Data Services division, though the impact was much less than originally feared. This weakness was balanced by a very strong performance from the group’s Rail Technology & Services Division

Across the pond, technology companies expected to report earnings this week include Agilent, Autodesk, Analog Devices, Dell Technologies, HP Inc and VMware.

Source: Data from regulatory news and company websites.
 Date Company Event Period ending
23-Nov Cerillion Final results 30-Sep
23-Nov SysGroup Interim results 30-Sep
23-Nov Trakm8 Interim results 30-Sep
24-Nov CML Microsystems Interim results 30-Sep
24-Nov Eckoh Interim results 30-Sep
25-Nov Alpha Financial Markets Interim results 30-Sep
25-Nov D4T4 Interim results 30-Sep
25-Nov Calnex Interim results 30-Sep
25-Nov Shearwater Interim results 30-Sep
26-Nov Tracsis Final results 31-Jul
30-Nov CentralNic Q3 trading 30-Sep
30-Nov Panoply Interim results 30-Sep
01-Dec Iomart Interim results 30-Sep
03-Dec Oxford Metrics Final results 30-Sep
08-Dec GB Group Interim results 30-Sep
08-Dec Solid State Interim results 30-Sep

 

Quick facts: Alpha Financial Markets Consulting PLC

Price: 241.345 GBX

AIM:AFM
Market: AIM
Market Cap: £257.09 m
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on 23/5/18

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