Brief: Hoylu Announces Preliminary Numbers For Q3

Hoylu AB

14/10/2020 07:51

Oct 14 (Reuters) - Hoylu AB  HOYLU.ST :
    * HOYLU AB ANNOUNCES PRELIMINARY NUMBERS FOR Q3, 2020
    * NUMBER OF USERS INCREASED BY 11,000 IN Q3 UP 100% FROM Q2
    * ANNUAL RECURRING REVENUES (ARR) INCLUDING LONG-TERM
SERVICE
CONTRACTS WERE 24.0 MILLION AT END OF Q3, UP 13% FROM 21.3
MILLION AT END OF Q2, 2020.
    * REVENUES IN Q3 WERE SEK 6.1 MILLION COMPARED TO SEK 6.3
MILLION
IN Q3, 2019
    * EXPECTS SIGNIFICANT GROWTH IN COMING QUARTERS
    * PAID SUBSCRIPTIONS INCREASED BY 2,000 IN QUARTER

Source text: https://bit.ly/2SPT6PR
Further company coverage:  HOYLU.ST 

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