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Wireless

Telit sees better future as FY revenues rise to USD 427.5 mln

Tuesday 16 April 2019 | 11:36 CET | News
Adjusted EBITDA almost doubled, to USD 30.1 million from 18.1 million, while the loss before tax narrowed to USD 39.8 million a loss of 56.8 million. The loss per share reduced to GBP 0.279 from a loss of 0.419. Telit also reduced its cash loss to USD 3.6 million from 27 million the year earlier. Net debt was higher at USD 34.0 million from 30.2 million. 

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Categories: Mobile & Wireless
Companies: Telit Communications
Countries: World
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