Oxford Metrics down as results don’t measure up

Shares in AIM-listed software firm Oxford Metrics (LON:OMG) dropped by 4.60% to 93.49p (as of 15:15 BST) after it booked a pre-tax loss for the six months ended 31st March. Revenues were down by 6.5% as COVID-19 prevented orders from shipping, but management said that these have largely been delivered post period end.

The company said that it was not currently experiencing supply chain issues, but has withdrawn its full-year guidance due to the current macroeconomic environment.