(Corrects milestone in headline to say three-year, not two-tear
high.)
** Shares in Storytel STORYb.ST jump 11.6% to their
highest since April 2022 after the Swedish audio- and e-book
streaming company posted Q4 earnings beat
** Q4 adjusted EBITDA came in at SEK 192 million ($17.69
million), ahead of the 170 million seen by analysts in a
company-compiled consensus
** Pareto analyst Stefan Ward notes the very strong numbers
with emphasis on margins and cash flow
** "Big beat on underlying earnings – should result in
positive revisions to an already conservatively priced stock,"
he adds
($1 = 10.8529 Swedish crowns)
(Reporting by Jagoda Darlak)
((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))