A run of upgraded guidance defined the session for UK-listed tech and telecoms names, with cybersecurity group Shearwater Group leading the charge after flagging a beat against market expectations. Vodafone followed suit with a lift to its own full-year outlook, while smaller-cap names Quartix, Dianomi and Pathos Communications all reported growth in half-year results that reinforced confidence in their respective full-year numbers.
Shearwater Group upgrades FY26 outlook on strong H2 trading
Shearwater Group (LON:SWG) told investors that full-year revenue and adjusted EBITDA are now set to beat market expectations, following a strong second half for the cybersecurity and managed security services group. The update sent shares up 23.077% to 56.0p, the standout move of the day across the sector.
Quartix lifts interim dividend as profit climbs 21%
Quartix Technologies (LON:QTX) grew half-year revenue 12% to £19.4m, with profit up 21% as rising subscription pricing and upsell momentum drove the vehicle tracking group's performance. The board lifted the interim dividend and reaffirmed full-year market expectations, though shares slipped 3.56% to 244.0p.
Vodafone lifts FY27 guidance to upper end after strong Q1
Vodafone Group (LON:VOD) raised its guidance for the year ahead, with chief executive Margherita Della Valle saying the group now expects to deliver at the upper end of its new ranges following a strong start to the year. Shares rose 5.497% to 120.9p on the update.
Dianomi narrows H1 EBITDA loss as margins improve
Dianomi (LON:DNM) reported a narrower first-half EBITDA loss alongside improving margins, with chief executive Rupert Hodson pointing to expanded engagement from CNN News and Associated News as validation of the platform's proposition. The shares gained 11.628% to 24.0p.
Quantum Blockchain wins US patent approval for mining efficiency tech
Quantum Blockchain Technologies (LON:QBT) secured USPTO approval for its ASIC UltraBoost patent application, targeting efficiency gains in crypto mining hardware, though formal issuance still requires final procedural steps. Shares edged up 2.899% to 0.355p.
Pathos Communications posts double-digit H1 growth
Pathos Communications (LON:NEWS) delivered 14% revenue growth and a 31% rise in adjusted EBITDA for the first half, with the board confident of meeting full-year market expectations. The PR technology firm's shares rose 3.636% to 28.5p.