Brief: U-Blox Says 9M 2022 Revenues Increased By 62% As Compared To Same Period Of 2021, Reaching CHF 475 Mln
21/10/2022 18:06
Oct 21 (Reuters) - U Blox Holding Ag UBXN.S :
* U-BLOX AG: U-BLOX REPORTS RECORD 9M 2022 REVENUES
* U-BLOX 9M 2022 REVENUES INCREASED BY 62% AS COMPARED TO
SAME
PERIOD OF 2021, REACHING CHF 475 MILLION
* ON TRACK TO REACH FY 2022 GUIDANCE
* SEES FY 2022 EBIT MARGIN BETWEEN 16% - 19%
* SEES FY 2022 GUIDANCE OF REVENUE GROWTH OF BETWEEN 46% -
54%
* SEES FY 2022 EBITDA MARGIN BETWEEN 22% - 25%
Source text for Eikon: ID:nEQ2N6HFsa
Further company coverage: UBXN.S
((Reuters.Briefs@thomsonreuters.com;))
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