Inmeta Crayon ASA Provides Earnings Guidance for the Fourth Quarter of 2014
January 15, 2015 at 11:06 am EST
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Inmeta Crayon ASA provided earnings guidance for the fourth quarter of 2014. For the period, the company expected to achieve an underlying gross profit of NOK 248.2 million and operating profit before depreciation and extraordinary costs (EBITDA) of NOK 57.9 million, compared to NOK 234.0 million and NOK 51.4 million, respectively, for the same period 2013.
Crayon Group Holding ASA is a Norway-based company engaged in the information technology (IT) sector. The Companyâs activities are divided into five segments: The Software and Cloud Direct, which comprises license offering from its partners, such as Microsoft, Adobe, Symantec, Citrix, VMware, Oracle and IBM, that focuses on standard software for technological platforms and critical commercial processes; The Software and Cloud Channel, that offers system integrators and ISVs, which includes license advisory, software sales and access to Crayons Tool and IP; The Software and Cloud Economics services include processes and tools for enabling clients to build in-house Software Asset management capabilities and supports clients in vendor audits; The Consulting that consist of cloud consulting and services related to cloud migration and development; and The Admin and shared segment, that includes administrative income and costs, global costs and elimination. The Company operates worldwide.