Brief: Atea Q3 Software Revenue Up By 11.4%

Atea ASA

19/10/2023 06:10

Oct 19 (Reuters) - Atea ASA  ATEA.OL :
    * Q3 SOFTWARE REVENUE GREW BY 11.4% AND SERVICES REVENUE
GREW BY
11.2% FROM LAST YEAR
    * Q3 HARDWARE REVENUE FELL BY 9.7% FROM AN EXCEPTIONALLY
STRONG
COMPARABLE PERIOD IN Q3 LAST YEAR
    * OUTLOOK: DURING COMING QUARTERS EXPECTS SLOWER REVENUE
DEVELOPMENT Y/Y FROM VERY STRONG COMPARABLE  QUARTERS IN
'POST-COVID PANDEMIC' PERIOD
    * OUTLOOK: OPERATING MARGINS TO IMPROVE  FROM LAST YEAR,
ENABLING
CONTINUED POSITIVE TREND IN EBIT AS WAS  SEEN IN Q3 2023

Source text for Eikon:  ID:nWkr4DZy9D 
Further company coverage:  ATEA.OL 

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