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Espial sales, profits slide in Q2

Thursday 4 August 2016 | 18:01 CET | News
Espial reported second-quarter revenue of USD 4.6 million, down from USD 5.5 million a year ago as higher Asian sales failed to offset declines in Europe and North America, where revenue more than halved. The internet device software firm swung to an adjusted EBITDA loss of USD 2.1 million, compared to profit USD 0.4 million a year earlier, and posted a net loss of USD 3.0 million after a USD 0.3 million loss previously.

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Categories: Internet
Companies: Arris / Espial
Countries: World
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