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Filtronic boosts earnings expectations in the wake of SpaceX deal

Trading is ahead of expectations at communications tech firm Filtronic on the back of a major supply deal with Elon Musk's SpaceX.


Filtronic sees revenue rise. Image: NETPark
Filtronic sees revenue rise. Image: NETPark

The County Durham and Leeds-based operator told investors adjusted Ebitda has been ahead of market forecasts as it expects to report full year totals at "no less than" £4.8m, up from £1.3m last year. Revenue is expected to be £25.4m, up from £16.3m last year.


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