Q3 2022 Sats ASA Earnings Call Transcript
Good morning, everybody, and welcome to our presentation of the third quarter of 2022. My name is Sondre Gravir, and I'm the CEO of Sats, and I'm here today with Cecilie Elde, our CFO.
We will now present our Q3 figures, but please note that this will be a condensed quarterly presentation solely focusing on the quarter that has passed without any outlook. We will host a Sats Capital Markets Day in an hour at 9:00 where we will dedicate more time to see how the future of Sats will be, both in the short and long term and our strategic focus areas. The Q3 Q&A will thus be merged with the CMD Q&A and this schedule as the last part of the CMD presentation, at around 11:10 today.
We have the third quarter with significant member growth despite a challenging macroeconomic backdrop. The growth is driven both by very strong sales of new membership and lower churn compared to pre-pandemic third quarter. And we've seen no signs of weaker consumer sentiment neither going into October. The growth is fueled by a higher marketing push than usual to secure a solid
| 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... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
