Brief: Ensurge Micropower Q4 Oper Loss Narrows To $2.7 Mln

Ensurge Micropower ASA

20/02/2024 06:10

Feb 20 (Reuters) - Ensurge Micropower ASA  ENSU.OL :
    * Q4 TOTAL REVENUE & OTHER INCOME $169,000 VS $0 YR AGO
    * Q4 OPERATING LOSS $2.7 MILLION VERSUS LOSS $4.1 MILLION YEAR AGO
    * FIRST COMMERCIAL DELIVERY OF 150,000 UNIT CONTRACT IS EXPECTED IN Q2 2024
    * Q4 OPERATING LOSS $2.7 MILLION VERSUS LOSS $4.1 MILLION YEAR AGO
    * EXPECTS TO CLOSE LARGER DEVELOPMENT CONTRACTS WITH PARTNERS, CUSTOMERS OVER NEXT MONTHS
WHERE
CUSTOMER PAYS SIGNIFICANT USDM UP FRONT FEE

Source text for Eikon:  ID:nGNE6hTVFg 
Further company coverage:  ENSU.OL 

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