Mauna Kea reported Q3/2018 financial results in line with our expectations. Total sales of €1.9m (4% YoY) were largely due to €0.8m consumable sales (31% YoY), of which €0.3m were associated with the new pay-per-use program (81% YoY). The reported 10% decrease in revenue from systems is associated with the revenue lag under the new consignment business model, which remains a key focus for Mauna Kea. We see the continued growth in installed base of consignment systems as a key performance indicat ....
22 Oct 2018
Q3 sales indicate growing momentum
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Q3 sales indicate growing momentum
Mauna Kea Technologies SA Class O (0P5I:LON) | 0 0 0.2% | Mkt Cap: 75.0m
- Published:
22 Oct 2018 -
Author:
Martin Brunninger -
Pages:
5
Mauna Kea reported Q3/2018 financial results in line with our expectations. Total sales of €1.9m (4% YoY) were largely due to €0.8m consumable sales (31% YoY), of which €0.3m were associated with the new pay-per-use program (81% YoY). The reported 10% decrease in revenue from systems is associated with the revenue lag under the new consignment business model, which remains a key focus for Mauna Kea. We see the continued growth in installed base of consignment systems as a key performance indicat ....