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Archos post 35% revenue drop in H1, operating loss narrows to EUR 1.5 mln

Published Friday 14 Aug 2020 | 17:10 CET
The first-half gross margin improved by 7.5 percentage points to 24.5 percent, as the company adjusted its product mix towards more high-margin products and increased its focus on the professional segment. Current operating expenses fell 53 percent to EUR 4.0 million, supported by the restructuring plan unveiled in October 2019. ...

Archos post 35% revenue drop in H1, operating loss narrows to EUR 1.5 mln

Published Friday 14 Aug 2020 | 17:10 CET The first-half gross margin improved by 7.5 percentage points to 24.5 percent, as the company adjusted its product mix towards more high-margin products and increased its focus on the professional segment. Current operating expenses fell 53 percent to EUR 4.0 million, supported by the restructuring plan unveiled in October 2019. ...

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