May 20 (Reuters) - Parrot SA PARRO.PA:
Q1 CONSOLIDATED REVENUES OF EUR27.9MLN
Q2 OUTLOOK: PARROT EXPECTS A FURTHER INCREASE IN BUSINESS COMPARED WITH Q2 OF 2025
IN 2026, GRADUAL PHASE-OUT OF PERPETUAL LICENSE SALES IN FAVOR OF SUBSCRIPTIONS TO WEIGH ON BUSINESS REVENUES MILLION VERSUS EUR 14.4 MILLION YEAR AGO
TRANSITION WILL INCREASE RECURRENCE OF REVENUES IN FOLLOWING YEARS, WHILE IMPROVING BUSINESS' PROFITABILITY PROFILE
Source text: nACT98353
Further company coverage: PARRO.PA
(Gdansk Newsroom)
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