February 28, 2017 / 7:40 AM / 5 months ago

BRIEF-BRAIN Q1 adjusted EBIT loss widens to EUR 2.3 mln

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Feb 28 (Reuters) - BRAIN AG:

* Q1 adjusted EBIT declined from a loss of 0.9 million euros ($953,100.00) to a loss of 2.3 million euros

* Q1 total operating performance of 6.6 million euros compared to 7.0 million euros in the previous year

* Q1 revenues increased slightly from 6.0 million euros to 6.1 million euros

* We still expect to achieve group EBIT break-even during fiscal year 2017/18 Source text for Eikon: Further company coverage: ($1 = 0.9443 euros) (Gdynia Newsroom)

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