Brief: Sygnis Q1 EBITDA Swings To Positive EUR 50,000
11/05/2018 06:31
May 11 (Reuters) - Sygnis AG LIO1k.DE :
* DGAP-NEWS: SYGNIS AG: SYGNIS AG REPORTS STRONG FINANCIAL RESULTS FOR FIRST QUARTER OF 2018
* Q1 REVENUE REPORTED AT EUR 2.3 MILLION; 69% HIGHER THAN PRIOR YEAR
* NET LOSS FOR Q1 OF 2018 WAS EUR 322 THOUSAND COMPARED TO EUR 1.2 MILLION FOR Q1 OF 2017
* Q1 EBITDA IN Q1 OF 2018 WAS POSITIVE EUR 50 THOUSAND (Q1 2017 NEGATIVE: EUR 605 THOUSAND)
* FOR FISCAL YEAR 2018, SYGNIS EXPECTS REVENUES TO BE IN RANGE OF EUR 11 TO EUR 12 MILLION
* CONTINUES TO EXPECT A STRONG RESULT FOR 2018 WITH A POSITIVE EBITDA RESULT
* FY REVENUE OUTLOOK DOES NOT CONSIDER IMPACT OF TGR BIOSCIENCES
Source text for Eikon: ID:nEQ3Q2rJBa
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