Brief: Asetek Q3 Revenue Up at $20.5 Mln

Asetek A/S

02/11/2023 11:13

Nov 2 (Reuters) - Asetek A/S  ASTK.CO :
    * Q3 2023: STRONG LIQUID COOLING DEMAND DRIVES REVENUE AND
EBITDA
GROWTH
    * FULL-YEAR GROUP REVENUE GUIDANCE MAINTAINED WITH AN
EXPECTED
INCREASE IN RANGE OF 40% TO 45% COMPARED WITH 2022 AND OPERATING
INCOME EXPECTATION NARROWED TO BETWEEN $8 TO $9 MILLION
    * Q3 ADJUSTED EBITDA OF $4.8 MILLION, COMPARED WITH LOSS OF
$0.6
MILLION IN Q3 2022
    * THIRD-QUARTER REVENUE OF $20.5 MILLION, UP 96% VERSUS. Q3
2022

Source text for Eikon:  ID:nWkr34Bkq1 
Further company coverage:  ASTK.CO 

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