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General

QSC revenues drop 10.3%, reports net profit

Monday 8 May 2017 | 12:32 CET | News
German ICT provider QSC reports a net profit of EUR 600,000 for the first quarter of this year, compared with a net loss of EUR 100,000 in Q1 2016. At the same time, the revenues decreased by 10.3 percent to EUR 88.7 million and the EBIT improved by EUR 2 million to EUR 2.6 million. The EBITDA margin grew by 2 percentage points to 12 percent with a EBITDA of EUR 10.5 million, growing 8.2 percent year-on-year. QSC is focusing on revenues from cloud and consulting services as well as telecom revenues from business customers, while the telecom revenues from resellers and outsourcing revenues

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Categories: General
Companies: QSC
Countries: Germany
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