LaserBond announced earnings guidance for the second half and full year of fiscal 2016 and full year of 2017. The company forecasts a 9.5% year on year increase in revenue for the fiscal year 2016 ($10.5 million), built on a significant improvement in second half. Profit margins have been maintained. Second half of fiscal 2016 is expected to deliver a net profit turnaround that more than covers the first half reported losses. For the fiscal year 2017, the company expects fiscal year 2017 growth to be driven by Products and Technology divisions, with modest growth in Services. Against the increases in revenue the company expects to invest in additional capital equipment to double manufacturing capacity in South Australia, support growth with additional R&D and technical production staff, principally in SA. Profit growth will be contingent on the extent of this investment, and consistent with forecasted revenue growth.