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Ekinops' Q3 revenue up 9% with fastest growth in North America

Friday 11 October 2019 | 10:27 CET | News
Optical network equipment supplier Ekinops posted third-quarter revenues of EUR 22.9 million, up 9 percent year-on-year at constant perimeter (+4% in Q2). The company has confirmed its expectations that its North American operations will be the fastest growing region in 2019, with revenues likely to increase at least by 33 percent on 2018 (+74% in Q3). It also anticipates that full-year gross margin should be towards the upper limit of guidance (50-55%), while confirming its other short- and medium-term targets.

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Categories: Internet
Companies: Ekinops
Countries: World
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