Brief: Eqs-Adhoc Exasol Publishes Preliminary Third Quarter Figures And Is Adjusting Its Full-Year Guidance For 2023

Exasol AG

30/10/2023 17:27

Oct 30 (Reuters) - Exasol Ag  EXLn.DE :
    * EQS-ADHOC: EXASOL PUBLISHES PRELIMINARY THIRD QUARTER
FIGURES
AND IS ADJUSTING ITS FULL-YEAR GUIDANCE FOR 2023
    * INCREASED ITS ANNUALIZED RECURRING REVENUE (ARR) TO EUR
37.0
MILLION AT END OF Q3,  (SEPTEMBER 30, 2022: EUR 33.5 MILLION).
    * ADJUSTED. EBITDA IMPROVED TO EUR -4.1 MILLION IN PERIOD
JANUARY
TO SEPTEMBER 2023, FOLLOWING A LOSS OF EUR 8.7 MILLION IN
PRIOR-YEAR PERIOD
    * BREAK-EVEN IN ADJUSTED. EBITDA, ORIGINALLY EXPECTED FOR
Q4, WILL
THEREFORE LIKELY BE MISSED

Source text for Eikon:  ID:nEQ1FFYJWa 
Further company coverage:  EXLn.DE 

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