Happy Friday!
I usually talk about profitable rather than unprofitable companies, and Filtronic (LON:FTC) is currently the former rather than the latter:

Filtronic (LON:FTC)
Share price: 12.625p (+26%)No. shares: 206.9mMarket cap: £26m
Trading Update
This company has been on the receiving end of some well-deserved scepticism on these pages in recent times, as it has a track record of losses and ended up significantly increasing its share count in fiscal 2016.
It makes radio frequency, micro-wave and millimetre-wave products for the telecoms and aerospace industries, along with other related products and services (best to take a look at its website!)
Excellent Q4 update today:
Trading during the fourth quarter of the current financial year (“FY2017”) in the Filtronic Wireless business has been ahead of previous management expectations and despite some marginal, short-term weakness in trading in Filtronic Broadband, the board now expects total Group revenue of approximately £35 million in the year ending 31 May 2017, with a commensurate increase to operating profit, both of which are ahead of market expectations.
Checking the company’s H1 report, I see that it made operating…

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