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IT

Net Insight sales down 30% in Q2

Tuesday 4 July 2017 | 14:06 CET | News
Swedish media transport specialist Net Insight said its second quarter net sales came in 30 percent down on the year-earlier result at an estimated SEK 90-95 million. In a statement released prior to its full interim report due on 21 July, the company attributed the fall to sales processes that involve more parties, take longer and are more complex than was previously the case. Other factors included a particularly strong 2016 due to the Brazil Summer Olympics and the UEFA Euros in France, plus restructuring costs and a new live OTT initiative.

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Categories: Broadcast & Satellite / IT
Companies: Net Insight
Countries: World
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