Coronavirus impact: 3 Aug - superlative results from a star performer
Results from a developer of power controllers were the usual excellence and the significant growth in offshore wind projects could offer a huge boost to another company covered here.
Seeing Machines: looking brighterSeeing Machines (LON: SEE), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, reassured with its latest update. Revenue for the year ending June 2020 is expected to be up 30% to A$42.6m, ahead of previous guidance, with cash at 30 June 2020 up 22% to A$38.7m, also ahead. The Group’s Guardian connections increased 46% in the year to 23,415, despite Covid-19 reductions and SEE is now looking forward to the launch of two production vehicles featuring its DMS technology. Guardian monitors a driver’s face and eyes to determine alertness, wakefulness…