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Clavister Q4 2017: All-time High Quarter and Full Year RevenuesÖRNSKÖLDSVIK, Sweden, Feb. 15, 2018 /PRNewswire/ -- Clavister (Nasdaq: CLAV), a leader in high-performance network security solutions, released its latest quarterly report showing increases in key metrics including Q4 revenues reaching 34,4 MSEK(+27%), gross margin rose to 77%, and gross profit improved by 31%, year-on-year. For the full year 2017, the revenues rose by 28% and reached, for the first time, over 100 MSEK. Full year gross margin rose by 9 percentage points up to 77%, while gross profit improved by 45% reaching 77.5 MSEK. Additionally, Clavister signed in Q4 a 20 MEUR funding agreement with the European Investment Bank (EIB), for the continued development of enterprise and telco-grade Cyber security software to serve our global enterprise and communication service provider customers. Fourth Quarter 2017
For mor information, please contact: Håkan Mattisson, CFO for Clavister Group This information was brought to you by Cision http://news.cision.com The following files are available for download:
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