Brief: Airthings Expects Revenue To Fall For Q2 2023

Airthings ASA

04/05/2023 06:18

May 4 (Reuters) - Airthings ASA  AIRX.OL :
    * WE EXPECT EFFECTS OF NEW DIRECTION TO BEGIN BEARING FRUITS
IN
SECOND HALF OF 2023
    * FOR Q2 2023 COMPANY EXPECTS REVENUE TO FALL WITHIN A
REVENUE
RANGE OF USD 7.0 - 9.0 MILLIO
    * ARR OF USD 4.0- 4.3 MILLION EXPECTED AT END OF 2Q23.
    * WEAKER CONSUMER SENTIMENT, CONTINUED INVENTORY ADJUSTMENTS
AMONG
DISTRIBUTORS AND RETAILERS

Source text for Eikon:  ID:nObi3Whkha 
Further company coverage:  AIRX.OL 

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