Revenio Group Oyj Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 22, 2020 at 02:00 am EDT
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Revenio Group Oyj announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was EUR 15.8 million compared to EUR 14.3 million a year ago. Net income was EUR 2.9 million compared to EUR 3 million a year ago. Basic earnings per share from continuing operations was EUR 0.111 compared to EUR 0.117 a year ago. For the nine months, sales was EUR 41.4 million compared to EUR 34.5 million a year ago. Net income was EUR 7.5 million compared to EUR 5.6 million a year ago. Basic earnings per share from continuing operations was EUR 0.283 compared to EUR 0.222 a year ago. Diluted earnings per share from continuing operations was EUR 0.283 compared to EUR 0.221 a year ago.
Revenio Group Oyj, formerly Done Solutions Oyj, is a Finland-based company primarily engaged in the health technology segment. The Companyâs activities are divided into two business areas: Revenio Health Tech, which is responsible for the design, manufacture and sale of tonometers and bone density measurement devices; as well as Revenio Technology and Services, which provides contact center services for material handling systems. It distributes products in a range of countries, including the United States, Canada, Australia, Japan and India. Furthermore, the Company is a parent of Done Medical Oy, Kauhajoen Sisalogistiikka Oy, Icare Finland Oy, Oscare Medical Oy and Midas Touch Oy, among others.