Mirada results a hit with markets

Shares in AIM-listed broadcasting software developer Mirada (LON:MIRA) climbed by 23.87% to 96p (as of 15:10 BST) after reporting a five-fold increase in EBITDA for the year ended 31st March. The company is also expecting to report a profit before tax for the year rather than the loss it booked last year.

CEO Jose Luis Vazquez commented: “The group has made remarkable progress. We continue to gain traction in the market and we are starting to see the return on the investment made over previous years. We are glad to continue providing full support to our customers during these uncertain times, and we remain on track with our deployment plans“.