Brief: Suse Q3 Adj. EBITDA At $55.2 Mln, Up 10%

Suse SA

16/09/2021 06:37

Sept 16 (Reuters) - SUSE SA  SUSEG.DE :
    * QUARTERLY STATEMENT Q3 2021, FOR THE THREE MONTHS ENDED
JULY 31,
2021
    * Q3 ADJUSTED EBITDA ROSE 10 PERCENT TO 55.2 MILLION USD
    * SUSE NOW EXPECTS TO REPORT FULL YEAR ADJUSTED REVENUE IN
TOP
HALF OF GUIDANCE RANGE AND ADJUSTED CASH EBITDA ABOVE TOP OF
GUIDANCE RANGE
    * Q3 ADJUSTED REVENUE WAS $151 MILLION, AN INCREASE OF 21%
ABOVE
PRIOR YEAR
    * Q3 ADJUSTED EBITDA OF $55.2 MILLION FOR Q3 IS UP 10% FROM
PRIOR
YEAR WITH A MARGIN OF 37%, AS SUSE CONTINUES TO INVEST IN GROWTH
    * Q3 ADJUSTED CASH EBITDA WAS $65.0 MILLION, AN INCREASE OF
84%
AND A MARGIN OF 43%
    * ORIGINAL GUIDANCE FOR FULL YEAR 2021 ADJUSTED CASH EBITDA,
GIVEN
AT TIME OF IPO, WAS FOR A RANGE OF $245 MILLION TO $265 MILLION

Source text for Eikon:  ID:nEQ9Hdjz6a 
Further company coverage:  SUSEG.DE 

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