Brief: QSC 9-month net income increased to EUR 2.6 million

QBeyond AG

06/11/2017 06:30

Nov 6 (Reuters) - QSC AG  QSCG.DE : 
    * DGAP-NEWS: QSC GROWS IN ITS CLOUD BUSINESS AND RAISES ITS FREE CASH FLOW FORECAST 
    * CLOUD REVENUES UP 63% IN FIRST NINE MONTHS OF 2017 
    * 9-MONTH REVENUES DECREASED BY EUR 29.1 MILLION TO EUR 264.8 MILLION 
    * 9-MONTH EBITDA OF EUR 29.3 MILLION VIRTUALLY MATCHED PREVIOUS YEAR'S FIGURE 
    * 9-MONTH EBIT ROSE BY 81% TO EUR 6.5 MILLION 
    * 9-MONTH NET INCOME INCREASED TO EUR 2.6 MILLION, AS AGAINST EUR -0.1 MILLION IN PREVIOUS 
YEAR 
    * NOW EXPECTS TO GENERATE FY FREE CASH FLOW OF BETWEEN EUR 10 MILLION AND EUR 11 MILLION 
    * STILL PLANS TO GENERATE FY REVENUES OF EUR 355 MILLION TO EUR 365 MILLION AND EBITDA OF 
BETWEEN 
EUR 36 MILLION AND EUR 40 MILLION 
 
Source text for Eikon:  ID:nEQ4LjZ9Ga  
Further company coverage:  QSCG.DE  
 
 (Gdynia Newsroom) 
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