Brief: Modelon Q3 EBIT Swings To Loss Of SEK 11.0 Mln

Modelon AB (publ)

16/11/2021 07:05

Nov 16 (Reuters) - Modelon AB (publ)  MODELb.ST :
    * MODELON AB INTERIM REPORT Q3 2021
    * Q3 ANNUAL RECURRING REVENUE AT CONSTANT CURRENCY INCREASED
TO
MSEK 34.1 (28.7), WITH ANNUAL GROWTH OF 19% AND CONTINUED
QUARTER-TO-QUARTER GROWTH OF 8%.
    * Q3 NET REVENUE AMOUNTED TO MSEK 14.1 (24.7)
    * Q3 EBIT AMOUNTED TO MSEK -11.0 (1.4)
    * Q3 NET RESULT AMOUNTED TO MSEK -10.9 (1.4)

Source text for Eikon:  ID:nMFN18w06y 
Further company coverage:  MODELb.ST 

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