Brief: Exasol FY Adj. EBITDA Reaches Upper End of Forecast Range; To Adjust 2025 Mid-Term Target
17/02/2023 11:58
Feb 17 (Reuters) - Exasol Outlook FY adjusted EBITDA EUR -3 to -1 million. * FY adjusted EBITDA EUR -13.4 million * FY ARR EUR 35.6 million * Outlook 2023: Accelerated growth and further strong improvement in profitability expected * Executive Board does no longer consider that the originally advised mid-term target of achieving an ARR of EUR 100 million in 2025 is likely