LONDON (dpa-AFX) - Filtronic Plc (FTC.L), a maker of products for the aerospace, defense, telecom, and others, reported Tuesday that its first-half loss was 0.5 million pounds, compared to profit of 0.5 million pounds a year ago.
Loss per share was 0.24 pence, compared to profit of 0.21 pence last year.
Adjusted EBITDA dropped to 0.2 million pounds from prior year's 1.0 million pounds. Revenue, however, grew to 8.5 million pounds from 8.4 million pounds last year.
Looking ahead, the company projects revenue and profit to be ahead of market expectations for fiscal 2024 and fiscal 2025.
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