Qt Group PLC (OTCPK:QTGPF)

$ 69.98 0 (0%) Market Cap: 1.79 Bil Enterprise Value: 1.72 Bil PE Ratio: 36.68 PB Ratio: 11.26 GF Score: 87/100

Q3 2022 Qt Group Oyj Earnings Call Transcript

Oct 27, 2022 / 01:00PM GMT

Release Date Price: $42.13 (+9.43%)

Transcript

Heli JÃ;msÃ;Qt Group Plc;IR Manager

¤¤,-

Good afternoon, and welcome to the Qt Group's third-quarter results presentation. My name is Heli JÃ¤msÃ¤, IR Manager, and with me today are CEO, Juha Varelius, and CFO, Jouni Lintunen, to present the results. After the presentations, we will first have Q&A in the room, and then we'll have conference call lines.

Without further ado, please, Juha, the floor is yours.

Juha Varelius

Qt Group Plc - CEO

Thank you. Very warm welcome to our third-quarter results presentation. I'll go through briefly some of the business highlights, and then Jouni will talk about the financials, and then we'll have the outlook and guidance for 2022.

So the business highlights, our net sales grew 31% year on year, and it was a very good growth quarter. Our developer licenses grew -- take through especially strong and the QA tools, the quality assurance testing tools. And then on this quarter, we had a bit softness on the distribution licenses. However, already at this point, I want to

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