Brief: Precise Biometrics Q1 EBITDA SEK 0.6 Million

Precise Biometrics AB

09/05/2023 07:18

May 9 (Reuters) - Precise Biometrics AB  PREC.ST :
    * Q1 TURNOVER TOTALED SEK 19.2 (28.3) MILLION
    * Q1 EBITDA TOTALED SEK -0.6 (4.0) MILLION
    * SAW CONTINUED WEAK DEMAND IN MOBILE PHONE MARKET IN Q1
    * CONTINUED TO INCREASE  ARR TO SEK 17.3 MILLION
    * GAS BEGUN TO ADVANCE POSITION IN US MARKET IN DIGITAL
IDENTITY
BUSINESS AREA
    * MOST ESTIMATES ARE THAT MOBILE PHONE MARKET IS EXPECTED TO
RECOVER IN SECOND HALF OF 2023

Source text for Eikon:  ID:nMFNcmxfZ 
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