Net Insight shows continued growth in the first quarter 2021

Net Insight shows continued growth in the first quarter 2021


| 20 April 2021
As it follows it plan towards focusing its operations and achieving profitability, media networks provider Net Insight has revealed steady growth for the first quarter of the year with revenue from continued operations up by 2.6% on an annual basis to total SEK 77.9 million despite negative exchange rate effects.
This meant for the quarter ended 31 March 2021, operating earnings were SEK 3.1 million, down from the SEK 4.8 million a year ago. Net income rose by 207% on an annual basis to SEK 4 million.
The last year has seen a number of key financial actions by the company. The Resource Optimisation business area was divested in 2021 and Streaming Solutions was divested in 2020. The divested business areas were reported separately as discontinued operations in the quarterly results and showed.

Related Keywords

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