Brief: Memscap Q1 Revenue Up At 3.4 Million Euros

Memscap SA

27/04/2020 06:39

April 27 (Reuters) - MEMSCAP SA  MEMS.PA :
    * Q1 REVENUE 3.4 MILLION EUR VERSUS 3.1 MILLION EUR YEAR AGO
    * US SITE EXPERIENCED A TEMPORARY CLOSURE OF 2 WEEKS AT THE
BEGINNING OF APRIL 2020
    * Q1 NET PROFIT EUR 0.0 MILLION VERSUS LOSS EUR 0.1 MILLION
YEAR
AGO
    * ON CORONAVIRUS: POTENTIAL IMPACT OF PANDEMIC REMAINS VERY
UNCERTAIN BASED ON CURRENT AVAILABLE INFORMATION
    * Q1 OPERATING PROFIT EUR 0.0 MILLION VERSUS LOSS EUR 0.1
MILLION
YEAR AGO
    * PRODUCTION AT THE GROUP'S NORWEGIAN SITE HAS SO FAR FACED
NO
SIGNIFICANT IMPACT RESULTING FROM THE COVID-19 PANDEMIC
    * CONSOLIDATED AVAILABLE CASH AT EUR 3.4 MILLION AS OF MARCH
31,
2020

Source text for Eikon:  ID:nBw7j4V4Ra 
Further company coverage:  MEMS.PA 

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