Smart Eye AB (publ) logo

SEYE - Smart Eye AB (publ) News Story

SEK182.6 9.4  5.4%

Last Trade - 5:00pm

Sector
Technology
Size
Small Cap
Market Cap £228.3m
Enterprise Value £221.5m
Revenue £5.00m
Position in Universe 599th / 1789

BRIEF-Smart Eye Q2 Operating Loss At SEK 22.9 Mln

Wed 26th August, 2020 7:41am
Aug 26 (Reuters) - Smart Eye AB (publ)  SEYE.ST :
    * SALES GROWTH DESPITE CORONA
    * APRIL-JUNE NET SALES TOTALED SEK 13,848 (12,378) THOUSAND
WHICH
CORRESPONDS TO AN INCREASE OF12 %
    * Q2 OPERATING LOSS SEK 22.9 MILLION VERSUS LOSS SEK 24.7
MILLION
YEAR AGO
    * AS A PRECAUTIONARY MEASURE WITH CURRENT MARKET VOLATILITY
DUE TO
CORONA VIRUS, SMART EYE DECIDED TO LOWER ITS OPERATING COSTS TO
CONSERVE CASH
    * WE SEE AN UNINTERRUPTED DEMAND FOR OUR PRODUCTS AND
SERVICES
WITH ONLY A SLIGHT DELAY DUE TO CORONA

Source text for Eikon:  ID:nWkr1vsvMc 
Further company coverage:  SEYE.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
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