Brief: ContextVision Q2 Operating Result Swings To Profit Of SEK 5.4 Mln

ContextVision AB

15/08/2019 07:27

Aug 15 (Reuters) - ContextVision AB  COVI.OL :
    * REG-CONTEXTVISION - SECOND QUARTER SAW COMMERCIAL RELEASE
OF
FIRST AI-BASED PRODUCT, ALTUMIRA™, DIGITAL PATHOLOGY ON TRACK
AND RECORD SALES
    * SALES CONTINUED TO GROW IN Q2 REACHING 23,1 MSEK, HIGHEST
EVER
SALES IN A Q2 FOR COMPANY
    * SALES IN ASIA GREW NINE PERCENT COMPARED TO SAME QUARTER
LAST
YEAR
    * Q2 OPERATING PROFIT SEK 5.4 MILLION VERSUS LOSS SEK 1.2
MILLION
YEAR AGO
    * OPERATING RESULT WAS POSITIVE 5,4 MSEK, MAINLY DUE TO
HIGHER
CAPITALIZATION FOR PRODUCT DEVELOPMENT BUT ALSO SUPPORTED BY
STRONG SALES PERFORMANCE

Source text for Eikon:  ID:nGNEc7qYJ5 
Further company coverage:  COVI.OL 

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