InVision Aktiengesellschaft Announces Earnings Results for the Nine Months Ended September 30, 2018; Revises Earnings Guidance for the Financial Year 2018
October 29, 2018 at 03:50 pm EDT
InVision Aktiengesellschaft announced earnings results for the nine months ended September 30, 2018. For the period, the company reported total revenues of EUR 9.590 million compared to EUR 9.697 million a year ago. EBIT was EUR 0.216 million, decreased by 77%, compared to EUR 0.947 million a year ago. The consolidated result was EUR 0.095 million, declined by 87%, compared to EUR 0.747 million a year ago. EPS was EUR 0.04, decreased by 88%, compared to EUR 0.33 a year ago.
The company revised earnings guidance for the financial year 2018. For the year, the company expects total revenues to decrease by 0%-5% and a balanced EBIT, compared to an increase in total revenues of 0%-10% and an EBIT margin of 0%-10% respectively in previous guidance.