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QSC improves revenues, EBITDA in Q2, confirms outlook for 2020

Monday 10 August 2020 | 10:42 CET | News
German service provider QSC said its revenues rose to EUR 34.5 million quarter-on-quarter in Q2 from EUR 34.1 million in Q1 in 2020. It is the fourth consecutive quarter of growth for the company, despite the consequences of the Covid-19 pandemic on the economy. EBITDA improved from a negative EUR 1.1 million in Q1 to a negative EUR 800,000 in the second quarter. Free cash flow progressed to a negative EUR 3.5 million in Q2 from a negative EUR 4.1 million in the previous quarter.

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Categories: Fixed / IT
Companies: QSC
Countries: Germany
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