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Avanti reiterates guidance for positive FY EBITDA after small profit in Q3

Friday 6 December 2019 | 09:57 CET | News
Avanti Communications Group has provided a trading update for its third quarter, saying revenues went to USD 17.1 million, including bandwidth revenue of USD 15.2 million. EBITDA amounted to USD 0.5 million, including one-off restructuring costs of USD 0.7 million. The company's cash position at the end of September totaled USD 25.9 million, and the backlog was worth USD 141 million.

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Categories: Broadcast & Satellite
Companies: Avanti Communications
Countries: World
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