VIA optronics Reports Third Quarter 2020 Results

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Go back to VIA optronics Reports Third Quarter 2020 Results

VIA optronics AG (VIAO) Reports Q3 EPS of EUR0.47 on Revenues of EUR43.6M; Provides 4Q Revenue Outlook

October 29, 2020 8:27 AM EDT

VIA optronics AG (NYSE: VIAO) reported Q3 EPS of EUR0.47, versus EUR0.00 reported last year. Revenue for the quarter came in at EUR43.6 million.

Third Quarter 2020 Financial Summary

Total revenue of 43.6 million, or an increase of 42.5%, compared to 30.6 million in the third quarter of 2019.Display Solutions revenue of 35.9 million, or an increase of 41.9%, compared to 25.3 million in the third quarter of 2019.Sensor Technologies revenue of 7.7 million, or an increase of 45.3%, compared to 5.3 million in the third quarter of 2019.Gross profit margin in the third quarter of 2020 of 14.7% compared to 1.6% in the... More