Coronavirus impact: 1 June - more positive news for a video gaming company
Video gaming continues to be in high demand, Dart sells its distribution business and a provider of communications services looks dirt cheap
Mattioli Woods: revenue lower but profit aheadSpecialist wealth management and employee benefits business, Mattioli Woods (LON: MTW), provided an update on trading for its financial year ending 31 May 2020. Unlike many wealth managers, MTW’s revenues are primarily fee-based and hence less sensitive to volatility in investment markets, however, they have seen a reduction in income linked to the value of clients' assets and banking revenue. As a result, they now expect total revenue for the year ended 31 May 2020 will only be marginally ahead of the prior financial year. Thankfully, the numerous cost saving measures taken, which include Directors reducing…