U-blox lowers outlook after weak H1

Monday 26 August 2019 | 16:22 CET | News
U‑blox has lowered its outlook for full-year results after reporting a weak first half and challenging market conditions. The company's revenues fell 4.2 percent year-on-year to CHF 190.6 million in the first half, due mainly to lower turnover in the EMEA region, and EBITDA fell to CHF 32.7 million from CHF 45.1 million. 

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Categories: Mobile & Wireless
Companies: U-blox
Countries: World
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