Brief: Artnet AG Says Adjusts Forecast and Expects Revenues Of Around $26 mln For FY 2023

Artnet AG

22/12/2023 18:40

Dec 22 (Reuters) - Artnet Ag  AYDGn.DE :
    * EQS-ADHOC: ARTNET AG: ARTNET ADJUSTS FORECAST FOR FISCAL
YEAR
2023
    * EXPECTS REVENUES OF AROUND 26M USD FOR 2023 FISCAL YEAR
(PREVIOUSLY: 28M - 30M USD)
    * NOW EXPECTS TO ACHIEVE AN OPERATING PROFIT (=EBIT) OF
AROUND USD
-0.7 MILLION (PREVIOUSLY: BETWEEN USD 1.0 MILLION AND USD 1.6
MILLION) FOR FY 2023
    * SEVERAL LARGE DATA AND MEDIA CONTRACTS, WHICH WERE
EXPECTED FOR
Q4 OF 2023, HAVE BEEN DELAYED AND ARE NOW EXPECTED TO BE
REALIZED IN Q1

Source text for Eikon:  ID:nEQ4kX38ca 
Further company coverage:  AYDGn.DE 

 ((Reuters.Briefs@thomsonreuters.com;))