Brief: Optomed Adj. EBITDA Swings To Loss Of EUR 325,000

Optomed Oyj

27/08/2020 07:18

Aug 27 (Reuters) - Optomed Plc  OPTOMED.HE :
    * OPTOMED PLC: HALF-YEAR FINANCIAL REPORT, JANUARY - JUNE
2020
    * Q2 REVENUE DECREASED BY 32.7 PERCENT TO EUR 2,597 (3,858)
THOUSAND
    * Q2 ADJUSTED EBITDA AMOUNTED TO EUR -325 (85) THOUSAND
CORRESPONDING TO -12.5 (2.2) PERCENT OF REVENUE
    * WE CONTINUE TO PROGRESS OUR EXPANSION TOWARDS US MARKET
AND GROW
OUR INTERNATIONAL DISTRIBUTOR NETWORK
    * ADDITIONALLY, WE ARE CURRENTLY INVESTING IN DEVELOPMENT OF
OUR
FIRST FULLY INTEGRATED AI CAMERA WITH EXPECTED COMMERCIAL LAUNCH
DURING 2020
    * OPTOMED EXPECTS ITS REVENUE TO DECLINE DURING 2020
    * THE COVID-19 PANDEMIC HAS A NEGATIVE EFFECT ON OPTOMED'S
GROWTH
AND BUSINESS IN 2020

Source text for Eikon:  ID:nWkr31lbhh 
Further company coverage:  OPTOMED.HE 

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