Net Insight AB : Interim report January - September 2014
(Thomson Reuters ONE) -
A Statement from CEO Fredrik Tumegård:
"Net Insight enjoyed a very strong growth in the third quarter primarily as a
result of the strategic business on the key North American market. We note that
the global underlying demand is positive and stable even excluding the North
American deals."
Third quarter 2014
* Net sales were SEK 112.2 (66.9) million, 67.6% growth year on year. In
comparable currencies, the increase is 60.0%.
* Operating earnings were SEK 31.4 (3.9) million, corresponding to an
operating margin of 28.0% (5.8).
* EBITDA was SEK 37.2 (8.3) million, corresponding to an EBITDA margin of
33.1% (12.3).
* Earnings per share were SEK 0.06 (0.01).
* Total cash flow was SEK 55.6 (20.6) million.
January - September 2014
* Net sales were SEK 287.3 (202.0) million, 42.2% growth year on year. The
increase is 35.1% in comparable currencies.
* Operating earnings were SEK 47.9 (4.6) million, corresponding to an
operating margin of 16.7% (2.3).
* EBITDA was SEK 59.0 (5.7) million, corresponding to an EBITDA margin of
20.5% (2.8).
* Earnings per share were SEK 0.09 (0.01).
* Total cash flow was SEK 69.4 (-3.5) million.
Net Insight AB discloses the information provided herein pursuant to the
Securities Market Act and/
or the Financial Instruments Trading Act. The information was submitted for
publication on October 27, 2014 at 08.45 CET.
Net Insight delivers the world's most efficient and scalable transport solution
for Broadcast and IP Media, Digital Terrestrial TV and IPTV/CATV networks.
Net Insight products truly deliver 100 percent Quality of Service with three
times improvement in utilization of bandwidth for a converged transport
infrastructure. Net Insight's Nimbra(TM) platform is the industry solution for
video, voice and data, reducing operational costs by 50 percent and enhancing
competitiveness in delivery of existing and new media services.
More than 200 world class customers run mission critical video services over Net
Insight products in over 60 countries. Net Insight is quoted on the NASDAQ OMX,
Stockholm.
Interim report January - September 2014:
http://hugin.info/130084/R/1865829/655292.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Net Insight AB via GlobeNewswire
[HUG#1865829]
Unternehmensinformation / Kurzprofil:
Datum: 27.10.2014 - 08:46 Uhr
Sprache: Deutsch
News-ID 347003
Anzahl Zeichen: 3065
contact information:
Town:
Stockholm
Kategorie:
Business News
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