DDD (LON:DDD) - Strong first-half revenue growth
Jul 30th 2012 - Edison Investment Research today published a report on DDD (DDD.L, LSE:DDD, LON:DDD) entitled "Strong First-half Revenue Growth". In summary, the report says:
In its half-year trading update, DDD said it expects H112 revenues to be c $4m, up 74% year-on-year as the group continues to benefit from growing demand for its TriDef 2D to 3D conversion software. Strategically, good advances continue to be made – earlier this month, LG renewed its licence agreement to bundle DDD’s TriDef with its growing line of 3D PC products, while the group expects to activate the pay TV version of its Yabazam! 3D movie app this quarter. We remain comfortable with our FY12 sales estimate, and believe the company has the opportunity to surpass. The progress made in the first half underpins management’s full year expectations as the group continues to focus on PC gaming and...
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