October 10, 2017 / 4:29 PM / 2 months ago

BRIEF-Median Technologies H1 operating loss widens to 8.7 million euros

Oct 10 (Reuters) - MEDIAN TECHNOLOGIES SA:

* MEDIAN TECHNOLOGIES: H1 2017 RESULTS: HALF-YEAR MARKED BY MAJOR INVESTMENTS TO STRUCTURE THE COMPANY AND PREPARE FOR THE FUTURE

* H1 ‍OPERATING LOSS OF -EUR 8.7 MILLION​

* H1 ‍NET CASH REMAINS HIGH AT EUR 35.4 MILLION​

* H1 NET LOSS EUR 8.9‍​ MILLION VERSUS LOSS EUR 3.7 MILLION YEAR AGO

* H1 REVENUE FROM ORDINARY ACTIVITIES EUR ‍4.0 MILLION VERSUS EUR 2.9 MILLION YEAR AGO

* ‍COMPANY IS CONTINUING ITS STRUCTURING TO ENTER A PHASE OF ACCELERATION FOR AN INTRODUCTION TO NASDAQ​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below