Swedish forensic tech firm Micro Systemation's prelim Q3 operating profit surges
Swedish forensic tech firm Micro Systemation's prelim Q3 operating profit surges
Overview
Sweden forensic tech firm's preliminary Q3 revenue up 19% yr/yr, EBIT rises 57%
Company cites strategy execution and scalable model for revenue and profit growth
Company notes regional market conditions and public sector cycles may affect quarterly results
Outlook
Company maintains previously communicated long-term financial targets
Company says regional market conditions and public sector investment cycles may impact quarterly performance
Result Drivers
STRATEGY EXECUTION - Co said consistent execution of its strategy and scalable business model drove revenue and profit growth
Company press release: ID:nMFN6nHyPN
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Prelim Revenue |
| SEK 175 mln |
|
Q3 Prelim EBIT |
| SEK 72 mln |
|
Reuters Recommended Reads
Oct 12 - Swedish industrial tech firm Karnell's prelim Q3 sales jump amid strong demand
Oct 12 - Sweden's Telia to cut around 900 jobs and save $100 million
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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