Quote from the acting managing director Henrik Sund:
«Strong revenue growth during the eventful quarter»
The second quarter of 2018
Net sales to sek 119.6 M (95,7)*, an increase of 25,0% compared with the corresponding quarter of the previous year. In comparable currencies, the growth was at 21.5%.
Operating profit amounted to msek -12,9 M (-21,6)*, which corresponded to an operating margin of 10.8 m% (-22,6). Operating income was charged with SEK -7 million relating to non-recurring costs.
Net profit amounted to -9,4 MILLION (-13,1)*. Net financial items gottskrevs by 0.6 MILLION (2.3) in respect of changes in the value of synthetic option program.
Earnings per share before and after dilution, amounted to 0.02 SEK (-0,03).
Total cash flow amounted to-15.1 M (-28,5).
*) Restated comparative periods, see pages 11-12 of the report.
The full report for the second quarter of 2018 can be found on the netinsight.net
For more information, please contact:
Henrik Sund, acting CEO, Net Insight AB, +46 8 685 04 00, firstname.lastname@example.org
This information is such information that Net Insight is required to publish under the EU marknadsmissbruksförordning and the law on the securities market. The information was submitted, by the above contact person in the government, for publication on 20 July 2018 there is 8.45.
About Net Insight
Net Insight’s vision is to facilitate a live and interactive TV experience for all the world over. Our goal is to lead the development and enable a global mediemarknadsplats where live-content can be shared and interaction among the TV audience can be done in real-time. We want to create media experiences of the future, with a focus on content.
Net Insight delivers products, software and services for efficient, high-quality medietransport, together with effective resource planning, which creates an enhanced TV experience. Net Insight’s offering covers the whole mediespektrat, from the TV-cameras and TV-studios, right up to the TV-consumers. Our solutions benefit the service providers and the TV and production companies by lowering the total cost of ownership, improve their workflow and give them the opportunity to find new business opportunities.
More than 500 leading customers to deliver mission-critical media services over Net Insight products in over 60 countries. Net Insight is quoted on Nasdaq Stockholm.
For more information
Twitter: @NetInsight, twitter.com/NetInsight
Net Insight AB: Net Insight Interim report January — June 2018
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Source: Net Insight AB via Globenewswire