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🔗 Source: otello.cdn.prismic.io
📊 Size: 543 KB
👤 Author: Coxit PR
⬇️ Downloads: 140

Summary

Otello Corporation ASA's 3Q19 revenue was $63.1 million, down 3% from $64.9 million in 3Q18, due to a decline in AdColony revenue, partly offset by growth in Bemobi. Adjusted EBITDA improved to $6.0 million in 3Q19 from $1.4 million in 3Q18, driven by cost savings in AdColony and record profit from Bemobi. Net income was $7.0 million in 3Q19, compared to a loss of $11.2 million in 3Q18. Operating cash flow was $(0.9) million, and cash and cash equivalents were $31.5 million at the end of 3Q19.

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Description

Otello Corporation ASA's 3Q19 revenue was $63.1 million, down 3% from $64.9 million in 3Q18, due to a decline in AdColony revenue, partly offset by growth in...

Technical Information

  • File Format: PDF
  • File Size: 543 KB
  • Pages: 25
  • Language: EN
  • Author: Coxit PR
  • Total Downloads: 140
  • Last Updated: 3 weeks ago

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