March 27, 2018 / 11:07 PM / 4 months ago

BRIEF-Adacel Technologies Updates On Multi-Phase Contract Award And Confirms Earnings Guidance

March 28 (Reuters) - Adacel Technologies Ltd:

* ‍HAS BEEN NOTIFIED OF A MULTI-PHASE CONTRACT AWARD WITH AN INTERNATIONAL CUSTOMER, VALUED AT APPROXIMATELY A$5.6 MILLION​

* CONFIRMS ITS PREVIOUS EARNINGS GUIDANCE WITH PROFIT BEFORE TAX FY2018 ANTICIPATED TO BE 35% ABOVE FY2017​

* ‍HAS BEEN NOTIFIED THAT IT WAS NOT SUCCESSFUL IN SECURING A CONTRACT AWARD FOR NASA SIMLABS III PROGRAM​ Source text for Eikon: Further company coverage:

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