Brief: Telegate Q1 revenue down at 11.8 million euros

11 88 0 Solutions AG

11/05/2016 07:00

May 11 (Reuters) - Telegate AG  TGTG.DE : 
    * First quarter of 2016: Telegate achieves significant cost 
reduction 
    * In period from January to March 2016, company generated 
revenue of 11.8 million euros ($13.43 million) (Q1 2015: 14 
million euros) 
    * Q1 EBITDA amounted to -0.2 million euros (Q1 2015: -1.8 
million euros) 
 
Source text for Eikon:  ID:nEQdydwMa  
Further company coverage:  TGTG.DE  
 
($1 = 0.8783 euros) 
 
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