Brief: EMGS Reports First Quarter 2021 Results

Voim ASA

12/05/2021 19:08

May 12 (Reuters) - Electromagnetic Geoservices ASA
 EMGS.OL :
    * REG-EMGS REPORTS FIRST QUARTER 2021 RESULTS
    * ELECTROMAGNETIC GEOSERVICES  - QTRLY REVENUES OF USD 1.6
MILLION, DOWN FROM USD 11.3 MILLION IN Q1 OF 2020
    * ELECTROMAGNETIC GEOSERVICES - QTRLY ADJUSTED EBITDA OF
NEGATIVE
USD 1.5 MILLION, DOWN FROM NEGATIVE USD 0.8 MILLION IN Q1 OF
2020
    * ELECTROMAGNETIC GEOSERVICES - FREE CASH INCREASED WITH USD
7.9
MILLION DURING QUARTER, TO USD 12.1 MILLION

Source text for Eikon:  ID:nGNE8RhJnz 
Further company coverage:  EMGS.OL 

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