Brief: Tobii Says Weak Q3 Increases Risk Towards Profitability Target

Tobii AB

07/11/2023 06:39

Nov 7 (Reuters) - Tobii AB  TOBII.ST :
    * Q3 WAS A WEAK FINANCIAL QUARTER WITH AN ORGANIC REVENUE
DECLINE
OF 18%
    * QUARTER PRESENTED PARTICULAR DIFFICULTIES IN ASIA
    * SEPTEMBER SHOWING SIGNS OF RECOVERY IN CHINA AND NORTH
AMERICA
    * WE ARE STILL STRONGLY COMMITTED TO REACH OUR EBIT
PROFITABILITY
TARGET IN Q4 2023.
    * WEAK Q3 DOES INCREASE RISK TOWARDS PROFITABILITY TARGET

Source text for Eikon:  ID:nWkr8XqGDQ 
Further company coverage:  TOBII.ST 

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