Brief: Kahoot Q3 Adjusted EBITDA Rises To $8.0 Million

Kahoot ASA

03/11/2022 07:28

Nov 3 (Reuters) - Kahoot ASA  KAHOT.OL :
    * Q3 INVOICED REVENUE $53.9 MILLION VERSUS $27.8 MILLION
YEAR AGO
    * Q3 ADJUSTED. EBITDA $8.0 MILLION VERSUS $6.0 MILLION YEAR
AGO
    * Q3 TOTAL OPERATING EXPENSES (EXCLUDING SHARE-BASED
COMPENSATION
EXPENSES AND RELATED PAYROLL TAXES) WAS $28.5 MILLION, WHICH IS
IN LINE WITH Q2 MEASURED ON STABLE CURRENCY EXCHANGE RATES
    * THE REVISED GUIDANCE FOR THE REMAINDER OF 2022 REFLECTS
THE
CURRENT MACRO CONDITIONS.
    * OUTLOOK: FOR Q4, INVOICED REVENUE IS EXPECTED IN THE RANGE
BETWEEN $50-55M, REPRESENTING 26-38% YOY GROWTH, WITH SOLID CASH
FLOW FROM OPERATIONS
    * OUTLOOK: FOR FULL YEAR, UPDATED GUIDANCE INCLUDES INVOICED
REVENUES IN THE RANGE OF $175-180M WITH RECOGNIZED REVENUES OF
ABOUT $147M AND ADJUSTED CASH FLOW FROM OPERATIONS EXCEEDING
$40M.

Source text for Eikon:  ID:nObi9kZ2Ja 
Further company coverage:  KAHOT.OL 
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