Feb 2 (Reuters) - Bambuser AB:
* BAMBUSER PRE-RELEASES 2016/2017 RESULTS AND ANNOUNCES CEO RESIGNATION
* BAMBUSER AB SAYS ‍COMPANY ESTIMATES THAT, FOR 18 MONTHS ENDING DECEMBER 31, 2017, ITS NET SALES WERE SEK 8,140 THOUSAND AND NET LOSS WAS SEK 20,705 THOUSAND​
* BAMBUSER AB SAYS ‍FOR PERIOD JULY-DECEMBER 2017 NET SALES IS ESTIMATED AT SEK 2,613 THOUSAND AND NET LOSS AT SEK 13,361 THOUSAND​
* BAMBUSER AB SAYS ‍REVENUES WERE LOWER THAN COMPANY’S TARGETS AND ATTRIBUTABLE TO LONGER SALES CYCLES THAN EXPECTED AND INCREASED COMPETITION IN COMPANY’S PRINCIPAL CUSTOMER SEGMENTS​
* BAMBUSER AB SAYS ‍COMPANY DOES NOT EXPECT TO REACH ITS PREVIOUSLY COMMUNICATED TARGETS OF POSITIVE CASH FLOW AND NET EARNINGS, ON A ROLLING 12-MONTH BASIS, BY END OF 2018​
* BAMBUSER AB SAYS ‍WITH PROJECTED RUN RATE, COMPANY DOES NOT FORESEE ANY FURTHER CAPITAL NEEDS DURING NEXT 12 MONTHS​
* BAMBUSER AB SAYS ‍MANAGEMENT HAS DECIDED TO SCALE DOWN COMPANY’S US SALES ORGANIZATION​
* BAMBUSER AB SAYS ‍CEO, HANS ERIKSSON, HAS DECIDED TO LEAVE COMPANY​ Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)