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CML — CML Microsystems News Story

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UK's CML Microsystems gains after return to profitability seen earlier than expected

BUZZ-UK's CML Microsystems gains after return to profitability seen earlier than expected

** Shares of semiconductor firm CML Microsystems CML.L up 8.2% at 297.5 pence

** Co says return to operational profitability now likely to be achieved earlier in the current financial year than previously expected

** Co says revenue in the early part of FY27 is in line with expectations, while order intake is ahead of forecasts

** Stock is down ~1.5% so far this year


(Reporting by Neeshita Beura in Bengaluru)

((Neeshita.Beura@thomsonreuters.com))

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