Rakon said its earnings before interest, tax, depreciation and amortisation (ebitda) this year should be within the $25 million to $30 million range expected by analysts.

Rakon makes electronic components that provide precision timing and are at the heart of modern electronic systems.

The company reported ebitda of $4.3 million in the year ended March 31.

The ebitda for the second half was $7 million.