Brief: VIQ Solutions Provides Updated Growth Plans, Revised Third Quarter 2021 Outlook And Financial Outlook For Full Years 2021 And 2022

VIQ Solutions

15/10/2021 13:02

Oct 15 (Reuters) - Viq Solutions Inc  VQS.TO :
    * VIQ SOLUTIONS PROVIDES UPDATED GROWTH PLANS, REVISED THIRD
QUARTER 2021 OUTLOOK AND FINANCIAL OUTLOOK FOR FULL YEARS 2021
AND 2022
    * VIQ SOLUTIONS - EXPECTS TO REPORT REVENUE IN RANGE OF $7.0
MILLION -$7.1 MILLION AND GROSS MARGIN IN RANGE OF 48% TO 49%
FOR Q3 OF 2021
    * VIQ SOLUTIONS INC - LABOR SHORTAGES IN U.S. DROVE
INCREASED
OPERATING COSTS DESPITE REDUCED VOLUMES DURING LAST QUARTER
    * VIQ SOLUTIONS INC - SEES 2021 FISCAL YEAR TO ACHIEVE
REVENUE IN
RANGE OF $34 TO $35 MILLION WITH GROSS MARGIN IN 48%-50% RANGE

Source text for Eikon:  ID:nBw2Lq8jla 
Further company coverage:  VQS.TO 

 ((Reuters.Briefs@thomsonreuters.com;))