Brief: Otello Corporation Q3 Adjusted EBITDA Falls To $1.4 Mln

Otello ASA

12/11/2018 06:06

Nov 12 (Reuters) - Otello Corporation ASA  OTELLO.OL :
    * OTELLO CORPORATION ANNOUNCES THIRD QUARTER RESULTS
    * Q3 REVENUES $64.9  MILLION VERSUS  $106.5 MILLION  YEAR 
AGO
    * Q3 ADJUSTED EBITDA $1.4 MILLION VERSUS $7.2 MILLION YEAR
AGO
    * EXPECTS ADCOLONY TO BECOME ADJUSTED. EBITDA PROFITABLE
DURING
2018.
    * EXPECTS TO SEE REVENUE AND ADJUSTED. EBITDA GROWTH IN
LOCAL
CURRENCY IN BEMOBI IN 2018 VERSUS 2017

Source text for Eikon:  ID:nWkr1gLpc3 
Further company coverage:  OTELLO.OL 

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