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QSC AG (QSCYY.PK)

QSCYY.PK on OTC Markets Group - US Other OTC and Grey Market

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Latest Key Developments (Source: Significant Developments)

QSC to spin off telecommunications business into subsidiary
Wednesday, 30 Aug 2017 06:10am EDT 

Aug 30 (Reuters) - QSC AG ::TO SPIN OFF TELECOMMUNICATIONS BUSINESS INTO A SUBSIDIARY.TO POOL NETWORK OPERATIONS, NETWORK SERVICES AND ENTIRE MANAGEMENT OF PRELIMINARY AND END PRODUCTS FOR CORPORATE CUSTOMERS AND RESELLERS.NEW STRUCTURE INTENDED TO MAKE IT EASIER TO ENTER INTO COOPERATIONS AND PARTICIPATIONS AND ACCELERATE IMPLEMENTATION OF NEW BUSINESS MODELS WITH PARTNERS.NEW COMPANY WILL HAVE AROUND 400 EMPLOYEES, GENERATE REVENUES OF AROUND EUR 200 MILLION AND SERVE MORE THAN 25,000 CORPORATE CUSTOMERS.  Full Article

QSC AG: Frankfurter Leben Group to procure entire IT landscape from QSC's Pure Enterprise Cloud
Wednesday, 21 Jun 2017 04:00am EDT 

June 21 (Reuters) - QSC AG ::DGAP-NEWS: FRANKFURTER LEBEN GROUP TO PROCURE ENTIRE IT LANDSCAPE FROM QSC'S PURE ENTERPRISE CLOUD.  Full Article

QSC Q1 revenues down at EUR 88.7 mln
Monday, 8 May 2017 01:30am EDT 

May 8 (Reuters) - QSC AG ::Q1 REVENUES OF EUR 88.7 MILLION, AS AGAINST EUR 98.9 MILLION ONE YEAR EARLIER.WITH CONSOLIDATED NET INCOME OF EUR 0.6 MILLION, CLOUD AND ICT PROVIDER QSC RETURNED TO PROFITABILITY IN Q1 OF 2017.COMPARED WITH PREVIOUS YEAR, CLOUD REVENUES ROSE BY 117% TO EUR 5.2 MILLION IN Q1 OF 2017.CONFIRMS FORECAST FOR 2017.  Full Article

Telefónica Deutschland and QSC AG extend cooperation
Tuesday, 4 Apr 2017 04:00am EDT 

QSC AG :Telefónica Deutschland and QSC AG extend cooperation in fixed-network connections for corporate customers.  Full Article

QSC FY 2016 net loss widens to 25.1 million euros
Monday, 6 Mar 2017 01:30am EST 

QSC AG : FY EBITDA 37.1 million euros ($39.33 million) as against 42.2 million euros one year earlier . FY net loss 25.1 million euros versus 13.2 million euros loss year ago . Outlook for 2017: higher free cash flow and stable EBITDA despite lower revenues . Revenues of 386.0 million euros in 2016, as against 402.4 million euros in 2015 .2017: QSC plans revenues of 355-365 million euros and EBITDA of 36-40 million euros.  Full Article

QSC unit Q-loud GmbH takes over takes over EnergyCam-Technologie
Wednesday, 11 Jan 2017 04:49am EST 

QSC AG :Unit Q-loud GmbH takes over EnergyCam-Technologie from Fast Forward AG.  Full Article

QSC completes cost-cutting programme with one-off write-downs
Tuesday, 20 Dec 2016 09:04am EST 

QSC AG : Is completing its two-year cost-cutting programme at end of 2016. Cumulative savings have significantly exceeded figure of 20 million euros targeted for 2016 . Has now decided to recognize a one-off write-down of 13.9 million euros on this segment's goodwill and intangible assets in 2016 consolidated financial statements . Will also be parting company with its subsidiary FTAPI Software GmbH in context of a management buyout. This will result in one-off write-downs of 1.5 million euros .Decisions will not impact on full-year forecast for 2016.  Full Article

QSC says Q2 consolidated net income swings to profit of EUR 0.2 mln
Monday, 8 Aug 2016 01:34am EDT 

QSC AG : Gains further earnings strength in strong quarter . Q2 revenue 99.2 million euros ($110.12 million) versus 100.9 million euros year ago . Q2 EBITDA 10.7 million euros versus 10.6 million euros year ago . Q2 EBIT 2.0 million euros . Q2 consolidated net income came to 0.2 million euros, as against -2.7 million euros in Q2 of 2015 .After strong first half of 2016, can confirm forecast presented at end of February.  Full Article

Max21 Management und Beteiligungen: Pawisda Systems gains QSC as distributor for Binect
Wednesday, 18 May 2016 02:30am EDT 

Max21 Management und Beteiligungen AG :Pawisda Systems GmbH gains QSC as distributor for Binect.  Full Article

QSC Q1 EBIT turns to profit of 0.6 million euros
Monday, 9 May 2016 01:35am EDT 

QSC AG : Confirms forecast for 2016 . Q1 consolidated net loss -0.1 million euros (-$114,040) versus -3.4 million euros year ago . Q1 EBITDA 9.7 million euros . Q1 EBIT 600,000 euros versus -3.0 million euros loss year ago .Q1 revenue 98.9 million euros.  Full Article

BRIEF-QSC to spin off telecommunications business into subsidiary

* TO POOL NETWORK OPERATIONS, NETWORK SERVICES AND ENTIRE MANAGEMENT OF PRELIMINARY AND END PRODUCTS FOR CORPORATE CUSTOMERS AND RESELLERS

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