Net Insight “very strong” Q3

Net Insight, a provider of transport solution for the broadcast and IP media industries, has reported that net sales were at SEK 112.2 million in Q3 – a 67.6 per cent growth year on year.

Operating earnings were SEK 31.4 million, corresponding to an operating margin of 28 per cent.

Net Insight CEO Fredrik Tumegård commented: “Net Insight enjoyed a very strong growth in the third quarter primarily as a result of the strategic business on the key North American market. We note that the global underlying demand is positive and stable even excluding the North American deals.”

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