EVS trims revenue forecast as clients stay cautious

Evs SA

31/08/2017 07:38

Aug 31 (Reuters) - Broadcasting systems provider EVS 
 EVSB.BR  said on Thursday it was trimming its 2017 revenue 
guidance at the upper end, as caution among customers weighed on 
its second quarter results. 
    The Belgian hardware and software maker shaved its revenue 
guidance to between 115 and 125 million euros, from 115-130 
million euros announced in May. 
    "New digital players and uncertainties generated by this 
changing environment push customers to stay cautious with their 
investments," the company said in a statement. 
    EVS reported operating income of 7.9 million euros and net 
profit of 5.5 million euros for the second quarter, both down 
significantly from the same period last year. 
  
 
 (Reporting by Manon Jacob; editing by John Stonestreet) 
 ((manon.jacob@thomsonreuters.com; +48 58 772 0920;)) 
 
Keywords: EVS RESULTS/