Ekinops : Q2 release a shade shy of expectations, solid amid the current crisis
>Q2 revenues at € 24.7m (vs € 25.3m estimated): +1.6% YOY and +16.7% QOQ - Ekinops reported yesterday evening € 24.7m in Q2 2020 revenues, just shy of our estimate at € 25.3m. Momentum remained in line with Q1 (+1.8%) with 1.6% growth (+1.2% LFL), while we were expecting a slight acceleration to +4%, on the back of the strong sales momentum seen over the quarter. However, the publication remains solid amid the current COVID-19 crisis, with the quarter up 16.7% QOQ, re...Ekinops SA is a France-based company engaged in the provision of optical transport solutions for service providers and private networks. The Company develops optical aggregation and transportation sub-systems for metropolitan and long-distance networks. Its products include switching, routing and multi-protocol solutions; optical amplifiers, optical filters, as well as optical protection units, among others. Its system can be configured through a software download to manage the aggregation of multiprotocol services through integration of systems and functionalities, allowing systems to be used through a single protocol. Ekinops operates a network of business offices in Americas, Europe, the Middle East and Africa.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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