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Netgem returns to revenue growth in Q2, raises FY guidance

Monday 2 August 2021 | 10:43 CET | News
Netgem generated revenues of EUR 7.6 million in the three months to June, up slightly from EUR 7.4 million in the year-earlier period. First-half revenues fell 4 percent to EUR 14.7 million, following the double-digit drop (-12%) reported in the first quarter. First-half gross profit increased 20 percent to EUR 9.0 million, while EBITDA  turned positive to EUR 2.0 million, from a comparable EBITDA loss of EUR 300,000 in H1 2020.

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Categories: Internet
Companies: Netgem
Countries: Europe / France
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