Brief: Tobii Q2 EBIT Loss Narrows To SEK 50 Mln

Tobii AB

23/08/2022 06:36

Aug 23 (Reuters) - Tobii AB  TOBII.ST :
    * Q2 OPERATING RESULT (EBIT) WAS SEK -50 MILLION (-76)
    * Q2 REVENUE SEK 167 MILLION VERSUS SEK 126 MILLION YEAR AGO
    * PRODUCT & SOLUTIONS SEGMENT DID NOT REACH EXPECTATIONS AND
DECLINED 8 PERCENT ORGANICALLY
    * ON PRODUCT & SOLUTIONS: IF CAUTIOUSNESS REGARDING GLOBAL
ECONOMIC OUTLOOK LINGERS, EXPECTS HEADWINDS TO CONTINUE TO
IMPACT GROWTH OF SEGMENT IN COMING QUARTERS
    * INTEGRATIONS SEGMENT WAS GROWTH DRIVER WITH 99% ORGANIC
GROWTH
    * EXPECTS SONY DEAL TO CONTINUE TO DELIVER REVENUE
CONTRIBUTIONS
IN SECOND HALF OF 2022 AND BEYOND
    * SEES REVENUE FROM SONY PS VR2 DEAL DURING CURRENT YEAR TO
EXCEED
10% OF OUR 2022 REVENUE
    * SEES INTEGRATION SEGMENT TO CONTINUE TO BE CHARACTERIZED
BY Q/Q
LUMPINESS IN REVENUE, THOUGH SHOWING SUSTAINED STRONG REVENUE
GROWTH ON ANNUAL BASIS

Source text for Eikon:  ID:nWkrfDtnV 
Further company coverage:  TOBII.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;;))