Stockholm, October 27. 2006
January-September 2006
- Sales increased by 28% to SEK 85.1 million (66.6).
- Income before tax improved to SEK -27.2 million (-45.7).
- Earnings per share were SEK -0.07 (-0.15).
- Improved and strong gross margin at 70.3% (61.8%).
- Services and software revenue increased by 99 % to SEK 15.3 million (7.7).
Third quarter 2006
- Sales increased by 51% to SEK 35.0 million (23.1).
- Income before tax improved to SEK -3.3 million (-10.7).
- Gross margin at 70.8% (61.8%).
- Earnings per share were SEK -0.01 (-0.03).
- Norkring placed its first orders under the frame agreement amounting to above SEK 20 million.
- TeliaSonera International Carrier has selected Net Insight as the equipment vendor for a new media network.
- Important new orders from KPN Broadcast, Westdeutscher Rundfunk and TELUS.
For further information, please contact:
Fredrik Trägårdh, CEO Net Insight AB
Tel: +46 8 685 04 69, e-mail: fredrik.tragardh@netinsight.net
Tel: +46 8 685 04 69, e-mail: fredrik.tragardh@netinsight.net
Anders Persson, EVP Net Insight AB
Tel: +46 8 685 04 69, e-mail: anders.person@netinsight.net
About Net Insight
Net Insight delivers the worlds most efficient and scaleable optical transport solution for IP Media, Broadcast, DVB-T/H and IPTV/Triple Play networks.
Net Insight products truly deliver 100 percent Quality of Service with 3X improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra Platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.
World class customers run mission critical video services over Net Insight products for more than 100 million people in more than 20 countries. Net Insight is quoted on the Stockholm Stock Exchange.
Net Insight products truly deliver 100 percent Quality of Service with 3X improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight's Nimbra Platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.
World class customers run mission critical video services over Net Insight products for more than 100 million people in more than 20 countries. Net Insight is quoted on the Stockholm Stock Exchange.
The full report including tables can be downloaded from the following link:
