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BRIEF-Basware Q1 oper loss widens to EUR 5.1 mln
April 21, 2017 / 5:53 AM / 8 months ago

BRIEF-Basware Q1 oper loss widens to EUR 5.1 mln

April 21 (Reuters) - BASWARE OYJ

* Q1 NET SALES EUR 36.8 MILLION VERSUS EUR 34.1 MILLION YEAR AGO

* SAYS IS TARGETING ACCELERATED REVENUE GROWTH DURING ITS STRATEGY PERIOD 2017-2020

* EXPECTS ITS CLOUD REVENUES IN 2017 TO GROW BY APPROXIMATELY 20 PERCENT, AND ADJUSTED EBITDA AT BREAKEVEN

* Q1 OPERATING LOSS EUR 5.1 MILLION VERSUS LOSS EUR 2.7 MILLION YEAR AGO

* Q1 ADJUSTED EBITDA LOSS EUR 1.6 MILLION VERSUS LOSS EUR 517,000 YEAR AGO Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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