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CYVIZ Cyviz AS News Story

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Brief: Cyviz Q1 EBITDA Loss At NOK 14.8 Mln

May 21 (Reuters) - Cyviz AS CYVIZ.OL:

Q1 REVENUE NOK 107.5 MILLION; ORDER INTAKE NOK 99.3 MILLION

Q1 ANNUAL RECURRING REVENUE NOK 66 MILLION

Q1 EBITDA NOK -14.8 MILLION

EXPECTS CONTINUED ACTIVITY ACROSS KEY SECTORS AND REGIONS, PARTICULARLY WITHIN DEFENSE AND SECURITY-RELATED MARKETS

INCREASING INVESTMENTS IN DEFENSE CAPABILITIES, ESPECIALLY IN EUROPE AND NATO COUNTRIES, ARE EXPECTED TO INCREASE DEMAND

WILL CONTINUE TO SCALE ITS SOFTWARE PLATFORM AND PARTNER ECOSYSTEM TO GROW RECURRING REVENUE OVER TIME

Source text: ID:nObi7mTw4a

Further company coverage: CYVIZ.OL

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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