May 10, 2019 / 06:00AM GMT
Presentation
May 10, 2019 / 06:00AM GMT
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Corporate Participants
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* Lars Rabaek Boilesen
Otello Corporation ASA - CEO
* Petter Lade
Otello Corporation ASA - CFO
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Conference Call Participants
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* Christoffer Wang Bjørnsen
DNB Markets, Research Division - Analyst
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Lars Rabaek Boilesen - Otello Corporation ASA - CEO
Good morning. Welcome to Otello Corporation's Q1 2019 presentation. Today's agenda, I will give an executive summary, including an operational review. Then, our CFO, Petter Lade will give a financial update. Finally, we have time for some Q&A.
Revenue came in at $51.5 million, down from $71.4 million in total revenue. Adjusted EBITDA, $1.4 million, up from 7 -- $0.7 million same quarter last year. Revenue was impacted in the quarter by onetime event in both AdColony and Bemobi in the quarter. Focus on cost and solid margins secured a positive adjusted EBITDA result in the
Q1 2019 Otello Corporation ASA Earnings Presentation Transcript
May 10, 2019
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