Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N
ZAP.OL - Zaptec ASA
Q3 2024 Zaptec ASA Earnings Call
Nov 13, 2024 / NTS GMT
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Presentation
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Unidentified_1 [1]
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Good morning and welcome to the presentation of subex's financial results for the third quarter. My name is KTA. So I'm CEO Insec.
And since our CFO have got the flu today, I have Chriss, our finance director with me to help to present the numbers for the third quarter. First, we look into the business highlights for the third quarter. The third quarter is characterized by the soft revenue due to a very weak market. But despite this weak markets is capturing market shares and we are really happy with that in the third quarter, we retained a strong gross margin and we achieved a positive as promised, we reduced the inventory with a clear path towards normalization. During 2025 we have a sufficient liquidity to navigate in the current weak market and
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