Brief: Otello's Q1 revenues drop to $71 million

Otello ASA

31/05/2018 06:08

May 31 (Reuters) - Otello Corporation ASA  OTELLO.OL :
    * Q1 REVENUES $71  MILLION ($105 MILLION)
    * Q1 ADJUSTED EBITDA $1 MILLION ($1 MILLION)
    * EXPECTS ADCOLONY TO BE ADJUSTED. EBITDA PROFITABLE IN 2018
    * EXPECTS TO SEE REVENUE AND ADJUSTED. EBITDA GROWTH IN
BEMOBI IN
2018 VERSUS 2017, AS BEMOBI TAKES THE SUCCESS IN BRAZIL TO A
GLOBAL ARENA
    * EXPECTS SKYFIRE TO BE ADJUSTED. EBITDA PROFITABLE IN 2018

Source text for Eikon:  urn:newsml:reuters.com:*:nWkr36Dj0Q
Further company coverage:  OTELLO.OL 

 (Reporting By Terje Solsvik)
 ((terje.solsvik@thomsonreuters.com;))