VIA optronics AG (VIAO) Reports Q4 Loss of EUR0.92 on Revenues of EUR44.1M

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VIA optronics Reports Unaudited Fourth Quarter and Full Year 2020 Results

March 11, 2021 7:20 AM EST

Total Q4 2020 revenue rose 22.5% year over year

Gross profit margin increased 800 basis points year over year in 2020

NUREMBERG, Germany & NEW YORK--(BUSINESS WIRE)-- VIA optronics AG (NYSE: VIAO) (VIA), a leading supplier of enhanced display solutions, today announced financial results for the fourth quarter and full year 2020 ending December 31, 2020. The results have been prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the IASB.

We are pleased to end the year on a strong note and deliver double digit revenue growth, said... More