from motleyfool Blinkx (BLNKF ) Shares in Fool Beginners' Portfolio constituent Blinkx have climbed 11.6% to 86.5 pence after the video technologist lifted its full-year revenue guidance to approximately $196 million, ahead of previous expectations of $180 million to 185 million. That's 71% higher than last year.
Pre-tax profit is expected to come in at about $15 million, which is some way up from last year's $1.9 million, as the firm starts to bring in serious profits. There's also a fourfold rise in basic earnings per share to $0.04 predicted, and Blinkx expects to end the year with net cash of $55 million -- an increase of $38.4 million.
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