Blis cuts annual earnings guidance as impact of tough first half lingers

Sun, 21 Jan 2018

By Rebecca Howard Jan. 22 (BusinessDesk) - Blis Technologies reported a positive third quarter result but said that, combined with an ongoing recovery in the fourth quarter, won't offset a tough first half and it lowered full-year guidance. The Dunedin-based company said revenue for the quarter ended Dec. 31 was $1.6 million, up 6 percent on the year. Earnings before interest, taxes, depreciation and amortisation were $200,000 and there was a small net profit, it said. Based on known and expected orders for the final quarter Blis is f...

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