ANT says revenues for year are ahead of expectations

UK-based IPTV software specialist ANT says its revenues for the financial year will be ahead of expectations thanks to higher than expected royalty receipts in 2011.

ANT said that revenues for the year are expected to be about £4.45 million (€5.31 million), up from £4.35 million in 2010, and loss before tax is expected to be £0.35 million, down from a loss of £0.58 million in 2010.

ANT will announce its 2011 full-year results on February 29.