Tobii AB (OTCPK:TBIIF)
$ 0.31486 -0.02284 (-6.76%) Market Cap: 73.55 Mil Enterprise Value: 102.55 Mil PE Ratio: 0 PB Ratio: 0.72 GF Score: 44/100

Q2 2019 Tobii AB Earnings Call Transcript

Jul 19, 2019 / 12:00PM GMT
Release Date Price: $1.73
Operator

Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to today's Tobii Earnings Call Q2 2019. (Operator Instructions) I must advise you that this conference is being recorded today, Friday, the 19th of July, 2019.

And now I'd like to turn the conference over to your speaker today, Henrik Eskilsson. Please go ahead.

Henrik Eskilsson;publ;Co;Founder
Tobii AB;CEO, President & Interim President of Tobii Tech Business Unit

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Thank you, Joanne. And thanks for joining this call, everyone. Johan and I will run you through Tobii's progress in the second quarter this year. So next slide, please.

Tobii revenue for the entire group grew by 21% or 13% adjusted for currency compared to Q2 last year. In Tobii Dynavox, we saw a solid underlying sales, but the actual revenue growth was somewhat hampered by delays in our internal process of funding of insurances.

Tobii Pro had a weaker quarter in part because we increased the order backlog due to longer delivery

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