Brief: PoLight Q2 EBITDA Loss Narows To NOK 13.3 Mln

Polight ASA

16/08/2019 06:06

Aug 16 (Reuters) - Polight ASA  PLTO.OL :
    * RECORD SHIPMENTS OF TLENS AND DRIVERS TO SUPPORT CUSTOMER
    * SECOND-QUARTER EBITDA WAS NOK -13.3 MILLION, COMPARED WITH
EBITDA OF NOK -14.9 MILLION IN Q2 OF 2018
    * Q2 REVENUE NOK 0.5 MILLION VERSUS NOK 0.1 MILLION YEAR AGO
    * COMPANY IS INVOLVED IN ONE PROJECT FOR FRONT-FACING
APPLICATION,
WHICH COULD POTENTIALLY LEAD TO A DESIGN-WIN IN LATE 2019 OR THE
FIRST HALF OF 2020
    * CURRENT ESTIMATE FOR FIRST RELEASE OF A BARCODE PRODUCT
USING
TLENS IS IN 2020

Source text for Eikon:  ID:nObiSWwZ8a 
Further company coverage:  PLTO.OL 

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