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General

Optiva Q2 sales down on lost clients, legal & advisory costs bring net loss

Wednesday 12 August 2020 | 10:33 CET | News
Optiva has reported second-quarter revenue of USD 19.9 million, down 20 percent from a year earlier due to a shortfall in income from lost clients. The company swung to a net loss of USD 14.8 million in the period, hit by legal and advisory costs and finance costs associated with the issue of warrants amid long-running disputes among shareholders.

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Categories: General
Companies: Optiva
Countries: World
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