ESK etherstack plc
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News: ESK Etherstack PLC Says Increased Revenue Guidance Of US$8.4m To US$8.6m For FY21

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    23/11/21
    12:45
    Post #: 57781949

    Nov 23 (Reuters) - Etherstack PLC (ESK) :

    • FY21 TRADING UPDATE AND REVISED REVENUE GUIDANCE-ESK.AX
    • INCREASED REVENUE GUIDANCE OF US$8.4M TO US$8.6M FOR FY21
    • POSITIVE OPERATING CASHFLOW FOR FY21 ALLOWING FOR EXPANDED RESEARCH AND DEVELOPMENT INVESTMENT
    • SIGNIFICANTLY INCREASED PROFITABILITY WITH EXPECTED EBITDA OF ABOUT US$2.5M FOR FY21
    • EXPECTATION TO ANNOUNCE A SECOND TELCO CARRIER WIN VIA SAMSUNG WITHIN FIRST HALF OF 2022
    • SEES FY21 NPAT OF ABOUT US$1.3M
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