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Psion (LON:PON) - Weathering the storm

Tuesday, May 08 2012 by

May 08th 2012 - Edison Investment Research today published a report on Psion (PON.L, LSE:PON, LON:PON) entitled "Weathering The Storm". In summary, the report says:

Psion’s IMS states that trading in Q1 has been broadly in line with expectations. Market conditions remain tough but there are signs that Psion is competing more effectively. Our estimates are unchanged, although as ever the Q4 trading period will be key to the full year result. With the increased scalability added to the model, a modicum of incremental growth should generate substantial earnings upside.




About Edison Investment Research

Edison Investment Research

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Edison Investment Research is a leading international investment research company. It has won industry recognition, with awards both in the UK and internationally. The team of 95 includes over 60 analysts supported by a department of supervisory analysts, editors and assistants. Edison writes on more than 400 companies across every sector and works directly with corporates, fund managers, investment banks, brokers and other advisers. Edison’s research is read by institutional investors, alternative funds and wealth managers in more than 100 countries. Edison, founded in 2003, has offices in London, New York and Sydney and is authorised and regulated by the Financial Services Authority (www.fsa.gov.uk/register/firmBasicDetails.do?sid=181584). more »