Archos posts 28% revenue drop in Q3, unveils restructuring plan

Monday 14 October 2019 | 16:17 CET | News
French mobile device maker Archos reported third-quarter revenues of EUR 11.1 million, down 28 percent year-on-year. This follows the sharp contraction suffered in the first half of the year, when the company announced the intention to implement a restructuring plan, after ending its negotiations with Vingroup.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless / Mobile & Wireless
Companies: Archos
Countries: Europe / France
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


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

Published 14 Aug 2020 17:10 CET | Europe
French mobile device maker Archos generated first-half revenues of EUR 11.2 million, down 35 percent year-on-year. The group's ...

Archos ends deal with Vietnam's Vingroup, reports sharply lower H1

Published 03 Sep 2019 13:39 CET | Europe
French mobile device maker Archos said that its agreement with VinSmart, announced in April, will not be going through. This ...

Vietnam's Vingroup moves to gain control of French device maker Archos

Published 30 Apr 2019 12:57 CET | Europe
Vietnamese private conglomerate Vingroup has agreed a long-term equity and commercial partnership with French-based mobile device ...

Archos unveils Play Tab board-game-size tablet with 21.5-inch display

Published 22 Mar 2019 10:01 CET | Europe
French mobile device maker Archos announced the forthcoming launch of the Play Tab, a 21.5-inch tablet device targeting fans of ...