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Wireless

Bango moves to positive EBITDA in Q4 but lowers outlook for 2019

Tuesday 19 March 2019 | 10:32 CET | News
Bango said it moved to positive EBITDA in the fourth quarter of 2018 and a near break-even result for the full year, in line with its earlier warning. However, the company scaled back its targets for the year ahead, saying while it expects profitability, this will be at a lower level than previously expected. Cash flow should be sufficient to cover operational costs and continued investment. 

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Categories: Mobile & Wireless
Companies: Bango
Countries: World
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