VIAO - VIA optronics Q4 revenue up 18.6% Y/Y

March, 28 2023 09:22 AM VIA optronics AG American Depositary Shares each representing one-fifth of an

2023-03-28 09:22:12 ET

Interactive display systems supplier VIA optronics ( NYSE: VIAO ) said on Tuesday that its Q4 revenue is €54.9M, up 18.6% Y/Y.
The consensus revenue estimate is $43.46M.
The increase was driven by growth in the display solutions segment.
Gross profit margin increased to 16.6% from 13.7%.
Operating income was -€4.4M, compared to -€7.7M a year ago.
Post-tax loss from continuing operations attributable to shareholders of the company was €6.0M or €1.31 per share, compared to a loss of €8.0M or €1.77 per share a year ago.
EBITDA loss was €2.7M, compared to a loss of €6.1M in the year-ago period.
FY22 revenue increased by 20.9% on a yearly basis to €218.5M, vs. consensus of $221.34M.
For Q1'23, the company expects to achieve revenue of between €40M and €45M, vs. consensus of $52.16M.
For FY23, revenue is expected to be around the 2022 level, vs. consensus of $233.62M.
Source: Press Release

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Company Name:	VIA optronics AG American Depositary Shares each representing one-fifth of an
Stock Symbol:	VIAO
Market:	NYSE