VIA optronics AG (VIAO) Reports In-Line Q2 EPS, Offers Guidance

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VIA optronics AG Reports Preliminary Unaudited Second Quarter 2022 Results

September 29, 2022 7:50 AM EDT

Top-line increased by 10.1% year-over-year, exceeding prior guidance

Expects revenue growth between 5% and 10% for the full year 2022

NUREMBERG, Germany--(BUSINESS WIRE)-- VIA optronics AG (NYSE: VIAO) (VIA or the Company), a leading supplier of interactive display systems and solutions, today announced preliminary unaudited financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Highlights

Total revenue increased 10.1% year-over-year to 48.1 million Display Solutions revenue increased 15.5% year-over-year to 43.2 million Total gross profit margin of 8.5% Announced plans for new production site in Philippines... More