Brief: Kalray H1 Revenues Increase To 455,000 Euros

Kalray SA

17/07/2019 17:14

July 17 (Reuters) - KALRAY SA  ALKAL.PA :
    * H1 2019 BUSINESS REPORT AND SALES OUTLOOK
    * EUR 23.3 MILLION OF AVAILABLE CASH ALLOWING IMPLEMENTATION
OF
ROADMAP
    * SALES RAMP UP CONFIRMED FOR 2019
    * H1 REVENUES IN LINE WITH ROADMAP AND SALES OUTLOOK
CONFIRMED
    * H1 2019, REVENUES AMOUNTED TO EUR 455,000
    * CONFIRMS ITS FORECAST SALES GROWTH FOR H2 2019
    * ALL OTHER OPERATING EXPENSES IN 2019 ARE EXPECTED TO BE ON
A PAR
WITH THOSE OF 2018
    * IN FY 2019, KALRAY FORECASTS CASH OUT IN LINE WITH THAT OF
FY
2018
    * POSITIVE WORKING CAPITAL VARIATION SHOULD OFFSET INCREASED
INVESTMENTS, RELATED PRIMARILY TO LAUNCH OF COOLIDGE

Source text for Eikon:  ID:nACT59414 
Further company coverage:  ALKAL.PA 

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