StockMarketWire.com - AIM-listed Seeing Machines downgraded its annual sales guidance, blaming a global shortage of short lead-time parts.

Sales in the 2018 financial year were now expected at A$30m-to-A$35m, down from previous guidance of A$38m-to-A$43m.

The company said it had been informed by its manufacturer of the shortage in capacitors and power supply parts used in the company's second-generation fleet product.

Production of a number of units that were due to be shipped shortly would now be delayed by approximately six weeks, resulting in revenue falling outside the current financial year.

At 9:58am: [LON:SEE] Seeing Machines Ltd share price was -0.8p at 7.75p



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