Itera ASA (LTS:0MQA)

kr 13.2 0 (0%) Market Cap: 936.05 Mil Enterprise Value: 978.86 Mil PE Ratio: 20.63 PB Ratio: 14.81 GF Score: 76/100

Q3 2020 Itera ASA Earnings Call Transcript

Oct 27, 2020 / 08:30AM GMT

Release Date Price: kr6.6

Transcript

Arne MjÃ;s

Itera ASA - CEO

¸ -

Okay, good morning, everyone. Welcome to the third quarter interim report.

And we have the same agenda that we have presented earlier. I'll start with the highlights of the quarter and the business review section. And then Chief Financial Officer, Bent Hammer, will go into all kind of financial details in the financial review and also some comments about the outlook.

The highlights of the third quarter. I think again we are delivering very strong growth and profitability in the core digital business that represented 80% of the total business of Itera. The gross profit or the net sales was -- had a growth of 9% in the third quarter, and the EBIT margin of the core digital business was 10.2% compared to 8.2% last year, third quarter last year.

If I look at the total business that is -- that also include data centers. The total revenue for the -- was NOK 138 million compared to NOK 128 million third quarter last year. That's represent a growth of 8% year-over-year. The gross profit was NOK 121 million compared to NOK 111 million. That

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us ETF Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.