UK's Oxford Metrics drops on fiscal loss forecast against market view for profit
09/10/2026 09:13
BUZZ-UK's Oxford Metrics drops on fiscal loss forecast against market view for profit ** Shares of smart sensing technology company Oxford Metrics OMG1.L fall 14% to 30p, lowest since March 2015
** Expects FY26 adj operating loss of £0.5 million to £3.9 million vs market expectations of £3 million in profit
** Co cites weaker conditions in some core markets served by its motion-capture unit Vicon, pressure on research funding and delays to major projects in Industrial Vision and Metrology Systems businesses
** Co buys Move AI's assets to enhance Vicon's AI-based motion-capture technology and help it reach more customers and markets
** YTD, stock down ~45%, including the session's losses
(Reporting by Jahanvi Kothari in Bengaluru)