Revenio Group Oyj Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023 at 11:30 am IST
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Revenio Group Oyj reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 22 million compared to EUR 24.1 million a year ago. Net income was EUR 4.5 million compared to EUR 6 million a year ago. Basic earnings per share from continuing operations was EUR 0.168 compared to EUR 0.226 a year ago.
For the nine months, sales was EUR 67.4 million compared to EUR 68.7 million a year ago. Net income was EUR 11.9 million compared to EUR 16.1 million a year ago. Basic earnings per share from continuing operations was EUR 0.449 compared to EUR 0.605 a year ago.
Revenio Group Oyj, formerly Done Solutions Oyj, is a Finland-based company primarily engaged in the health technology segment. The Companyâs activities are divided into two business areas: Revenio Health Tech, which is responsible for the design, manufacture and sale of tonometers and bone density measurement devices; as well as Revenio Technology and Services, which provides contact center services for material handling systems. It distributes products in a range of countries, including the United States, Canada, Australia, Japan and India. Furthermore, the Company is a parent of Done Medical Oy, Kauhajoen Sisalogistiikka Oy, Icare Finland Oy, Oscare Medical Oy and Midas Touch Oy, among others.