October 30, 2017 / 10:15 AM / in 20 days

BRIEF-Fyber cuts 2017 and 2018 revenue guidance

Oct 30 (Reuters) - FYBER NV:

* UPDATES ITS REVENUE GUIDANCE

* ‍UPDATING REVENUE GUIDANCE FROM EUR280 TO AROUND EUR240 MILLION FOR 2017

* ‍UPDATING REVENUE GUIDANCE FROM EUR360 MILLION TO AT LEAST EUR300 MILLION FOR 2018​

* ‍ADJ EBITDA FORECAST FOR H2 2017 IS PROJECTED TO BE AT LEAST EUR4 MILLION (UPDATED FROM PREVIOUS EUR7 MILLION)​

* ‍THERE IS NO ANTICIPATED CHANGE TO 2018 EBITDA PROJECTIONS WHICH ARE EXPECTED TO REMAIN AT LEAST EUR15 MILLION​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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