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IT

Tecnotree Q2 sales improve over Q1 but financing uncertainty remains

Friday 10 August 2018 | 12:51 CET | News
Finnish communications software provider Tecnotree said that second quarter net sales fell to EUR 9.8 million from EUR 15.1 million a year earlier and that its financial situation and liquidity remain critical. Sales were better than in the first quarter of this year and CEO Padma Ravichander said Q2 shows that the company is "slowly but surely coming back on track". Even so, Tecnotree would not provide any FY outlook.

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Categories: IT
Companies: Tecnotree
Countries: Finland / World
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