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By Jess Jones UK-based music software company Focusrite has reported that while demand for its products remains strong, shipping and logistics challenges are squeezing its bottom line. Revenue is expected to come in around £157m, in line with current market expectations, as overall demand for its suite of audio tech products has “remained resilient”. But the company now expects earnings before interest, tax, depreciation and amortisation (EBITDA) for its financial year 2024 to be around £25m, a drop from the £38.6m recorded in 2023, when revenue reached £178.5m. The company put this decline do…

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