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Focusrite in line

By BFN News | 07:27 AM | Tuesday 15 September, 2015


Focusrite expects its results for the year to Aug. 31 to be in line with market expectations. It has introduced 19 new products in the last 12 months. These new produces included, most recently, new audio interfaces from its Clarett range targeted primarily at professional recording artists and studios; and grid instruments from its Launchpad range used to produce Electronic Dance Music, a large growth sector in the audio recording market. Initial market reaction has been very positive for these new products. The Group's software team continue their development work too, and the cumulative number of downloads of the Launchpad App is now up to 3.5 million. The cash balance at the year end was £6.2 million. Story provided by StockMarketWire.com

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