Oxford Metrics warns of annual loss as film spending cuts hit
Oxford Metrics LSE:OMG warned Friday it expects an annual loss, citing entertainment spending cuts, studio consolidation, and tighter research budgets; shares fell 15%.
British smart sensing technology group Oxford Metrics warned on Friday that it expects an annual loss, citing spending cuts and studio consolidation across the film and TV sector, as well as tighter research budgets. Its shares fell 15%. 7557 pounds.