LightwaveRF plc provided earnings guidance for the financial year ended 30 September 2017. For the year, the company anticipates that revenue will have more than doubled from the prior year (2016: £1.44 million). Gross margin is also expected to have materially increased (2016: 32.5%). Capital expenditure on both the company's Generation 2 Apple HomeKit certified product range and further product developments has increased over the year. Additionally, investments in revenue generating activity as well as administrative expenses have increased. Even after these increases, the company expects losses before tax for the year ended 30 September 2017 to be broadly in line with those of the prior year (2016: loss of £0.84 million).