Brief: Etherstack PLC Says Increased Revenue Guidance Of US$8.4m To US$8.6m For FY21

Etherstack

23/11/2021 01:45

Nov 23 (Reuters) - Etherstack PLC  ESK.AX :
    * FY21 TRADING UPDATE AND REVISED REVENUE GUIDANCE-ESK.AX
    * INCREASED REVENUE GUIDANCE OF US$8.4M TO US$8.6M FOR FY21
    * POSITIVE OPERATING CASHFLOW FOR FY21 ALLOWING FOR EXPANDED
RESEARCH AND DEVELOPMENT INVESTMENT
    * SIGNIFICANTLY INCREASED PROFITABILITY WITH EXPECTED EBITDA
OF
ABOUT US$2.5M FOR FY21
    * EXPECTATION TO ANNOUNCE A SECOND TELCO CARRIER WIN VIA
SAMSUNG
WITHIN FIRST HALF OF 2022
    * SEES FY21 NPAT OF ABOUT US$1.3M

Source text for Eikon:  ID:nASX4pzXf8 
Further company coverage:  ESK.AX 

 ((Reuters.Briefs@thomsonreuters.com;))