Brief: Wellington Drive Technologies Forecasts US$ Revenue Of US$45 Mln To US$50 Mln For FY2021
25/07/2021 23:02
July 26 (Reuters) - Wellington Drive Technologies Ltd
WDT.NZ :
* FORECASTING US$ REVENUE IN RANGE OF US$45M TO US$50M FOR
FY2021
* EXPECTS UNDERLYING EBITDA EARNINGS TO BE IN RANGE OF
NZ$3.5M TO
NZ$4.5M FOR FY2021
* CURRENTLY FORECASTING TO FINISH 2021 WITH NET CASH OF
AROUND
NZ$5M
* Q2 REVENUE WAS US$11.7M
Source text https://www.i-search.nzx.com/blobs/WDT000000/514387/WDT000000-350958.pdf
Further company coverage: WDT.NZ
((Reuters.Briefs@thomsonreuters.com;))
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