Brief: Sinch Says Market Growth Remains Stable
05/11/2025 06:39
Nov 5 (Reuters) - Sinch AB (publ) SINCH.ST: SINCH Q3 BASIC EPS SEK -0.01 SINCH Q3 SALES SEK 6,659 MILLION VERSUS. IBES ESTIMATE SEK 6,873 MILLION SINCH Q3 GROSS PROFIT SEK 2,318 MILLION SINCH Q3 EBITDA SEK 851 MILLION SINCH Q3 ADJUSTED EBITDA SEK 915 MILLION VERSUS. IBES ESTIMATE SEK 850.4 MILLION SINCH Q3 EPS SEK -0.01 SINCH Q3 NET INCOME SEK -10 MILLION MARKET GROWTH REMAINS STABLE, BUT STRUCTURAL SHIFTS DRIVEN BY CONVERSATIONAL MESSAGING AND ARTIFICIAL INTELLIGENCE (AI) ARE ACCELERATING USE OF AI IN COMBINATION WITH CONVERSATIONAL MESSAGING IS A STRONG DRIVER OF MARKET GROWTH AND REMAINS A CENTRAL PILLAR OF OUR STRATEGY SEE STRONG TRACTION WITH LARGE ENTERPRISE CUSTOMERS, INCREASING IN NUMBERS WITH SOME 5 PERCENT YEAR ON YEAR CONTINUE TO DEVELOP OUR SELF-SERVE OFFER NEW TARIFFS PRESENTED IN EARLY 2025 APPLY TO GOODS AND HAVE NOT AFFECTED SINCH’S SERVICES. RECOGNIZES THAT EFFECTS OF GEOPOLITICAL UNCERTAINTY AND A VOLATILE MACROECONOMIC ENVIRONMENT ARE EXPECTED TO PERSIST IN 2025 Source text: ID:nWkr95MKpt Further company coverage: SINCH.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))