Exasol Confirms Preliminary Figures in Latest Half-Year Report

• Exasol's Annual Recurring Revenue (ARR) increased by 11.8% to EUR 39.7 million year-over-year as of June 30, 2024.
• Group revenue for the first half of 2024 rose by 9.3% to EUR 19.4 million compared to H1 2023.
• The operating result (EBITDA) improved to EUR 0.7 million in H1 2024, a significant recovery from a loss of EUR -3.4 million in H1 2023.
• Cash and cash equivalents increased to EUR 19.7 million as of June 30, 2024, up from EUR 13.3 million at the end of 2023.
• Exasol confirmed its outlook for 2024, expecting ARR to grow by up to 10% and consolidated revenue to increase by 10-15%.
• The company anticipates stable cash and cash equivalents of over EUR 10 million by the end of 2024.

The next important date, "Half-year financial statement June 30, 2024", at EXASOL is on 14.08.2024.

The price of EXASOL at the time of the news was 2,1300EUR and was up +0,71 % compared with the previous day.
0 minutes after the article was published, the price was 2,1500EUR this corresponds to a plus of +0,94 % since publication.

EXASOL

+2,50 %

-2,84 %

-9,29 %

-15,29 %

-27,05 %

-85,99 %

-85,36 %

-85,36 %

-85,56 %

ISIN:DE000A0LR9G9WKN:A0LR9G

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