Zoom Video Communications on camera this week

The week ahead

Iomart Group PLC (LON: IOM), which provides cloud computing solutions from its data centres and connected facilities across the globe, releases its interim results on Tuesday. In its period end trading update in early October, it said that growth from existing customers was in line with its expectations for the period. The board anticipates reporting revenue growth of roughly 2% for the six months, to more than £56mln and adjusted underlying earnings (EBITDA) steady at about £21mln. The group closed the period with a cash position of approximately £19mln.

Oxford Metrics PLC (LON: OMG), which provides analytics software for motion measurement and infrastructure asset management, announces its final results on Thursday.  In its period end trading update in early November, the company said it expects to report full-year revenues of £30.3mln and an adjusted pre-tax profit of £2.5mln. The group finished the year with a cash position of £14.9mln and no debt. Later in November, Oxford Metrics announced that its Vicon subsidiary had signed a contract with the University of Portsmouth to help deliver the university’s new ground-breaking Centre for Creative and Immersive Extended Reality (CCIXR)  – the UK’s first integrated facility to support innovation in the creative and digital technologies of virtual, augmented and extended realities (XR), which is currently set to open in October 2021.

Across the pond, technology companies expected to report earnings this week include Zoom Video Communications, Salesforce, Hewlett-Packard Enterprise, NetApp, Crowdstrike, Splunk, Snowflake, Synopsys, Verint Systems, Zscaler, Okta, Cloudera, Docusign, Marvell Technology, Yext, PagerDuty and Zuora.