Brief: AutoStore Q3 Adjusted EBITDA Up At USD 55 Mln

AutoStore Holdings

10/11/2022 05:30

Nov 10 (Reuters) - AutoStore Holdings Ltd  AUTO.OL :
    * AUTOSTORE: Q3 2022 FINANCIAL RESULTS
    * Q3 REVENUE $147 MILLION VERSUS COMPANY COMPILED CONSENUS
OF $152
MILLION
    * Q3 ADJUSTED. EBITDA $55 MILLION VERSUS COMPANY COMPILED
CONSENUS
OF $60 MILLION
    * QTRLY REVENUE OF USD 147 MILLION, UP 74% FROM USD 85
MILLION
    * Q3 ADJUSTED EBITDA MARGIN OF 37%, DOWN FROM 50%
    * FULL-YEAR 2022 REVENUE EXPECTED TO BE USD 550-600 MILLION
    * Q3 ORDER INTAKE $155 MILLION VERSUS COMPANY COMPILED
CONSENSUS
OF $143 MILLION
    * Q3 ADJUSTED EBITDA OF USD 55 MILLION, UP 30% FROM USD 42
MILLION
    * FULL-YEAR 2022 REVENUE EXPECTED TO BE USD 550-600 MILLION 
    * FULL-YEAR 2023 REVENUE EXPECTED TO BE USD 700-800 MILLION
    * REAFFIRM OUR FULL-YEAR REVENUE GUIDANCE FOR 2022 AND 2023,
RESPECTIVELY
    * Q3 OCADO LITIGATION COSTS $ 7.0MLN

Source text for Eikon:  ID:nWkr5Wl2QW 
Further company coverage:  AUTO.OL 
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