Brief: Pexip Holding Q3 Adj. EBITDA Ex Restructuring Costs At NOK 56.2 Million

Pexip Holding ASA

10/11/2022 06:10

Nov 10 (Reuters) - Pexip Holding ASA  PEXIP.OL :
    * REVENUE FOR Q3 WAS NOK 189.2 MILLION, AND EBITDA EXCLUDING
RESTRUCTURING COSTS WAS NEGATIVE NOK 56.2 MILLION
    * SUBSCRIPTION BASE MEASURED IN ANNUAL RECURRING REVENUE
(ARR)
REACHED USD 100.7 MILLION IN Q3 2022, REPRESENTING A
YEAR-ON-YEAR GROWTH OF 1% FROM USD 99.8 MILLION IN Q3 2021
    * LIMITED GROWTH WAS LARGELY DUE A LARGE US GOVERNMENT
CUSTOMER
NOT RENEWING CONTRACT AS PROGRAM LOST ITS FUNDING

Source text for Eikon:  ID:nObiyf8Qha 
Further company coverage:  PEXIP.OL 
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