Asetek - Q4 2020: Record Quarter and Full-Year Revenue and EBITDA on Gaming and Enthusiast Demand
Record quarterly revenue of $27.9 million, reflecting growth of 78% over Q4 2019 Gross margin increased to 44% in Q4, from 43% in Q4 2019 Record quarterly EBITDA adjusted of $6.9 million in Q4 2020, compared with $2.6 million in Q4 2019 Announced two acquisitions strengthening the Gaming and Enthusiast product offering Full year revenue grew to a record $72.8 million with EBITDA adjusted of $15.6 million compared with $54.3 million and $6.2 million, respectively in 2019 Group revenue growth expectation of 10 to 20% for 2021, with an expected lower gross margin Full year 2021 operating income...
Source: prnewswire.com