Brief: Audiovalley Q3 Revenue Up At 7.4 Million Euros

Winamp SA

16/10/2019 17:31

Oct 16 (Reuters) - Audiovalley SA  ALAVY.PA :
    * H1 NET  LOSS EUR 3.5 MILLION VERSUS LOSS OF EUR 3.8
MILLION YEAR
AGO
    * H1 OPERATING LOSS EUR 2.3 MILLION VERSUS LOSS OF EUR 2.8
MILLION
YEAR AGO
    * Q3 REVENUE 7,4 M€, +22,0%
    * END-JUNE CASH POSITION EUR 623,000
    * THE OBJECTIVE OF GROWTH INITIALLY SET AT MORE THAN 35% 
SHOULD
NOT BE ACHIEVED.
    * FOR FY 2019 SEES PROJECTED GROWTH THAT SHOULD BE ABOVE
20%,
EXCEEDING €30M IN TURNOVER (EXCLUDING IMPACT OF EXCHANGE RATES)

Source text: https://bit.ly/35HHIuj
Further company coverage:  ALAVY.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))