HANOVER, GERMANY – Viscom posted third quarter revenue of €18.3 million (US$20.2 million), down 17.3% year-over-year.

The company reported a net loss for the third quarter of €644,000, compared to net profit of €1.7 million in the prior-year period.

Viscom’s third quarter operating loss was €912,000, compared to operating profit of €2.2 million in the third quarter of 2018.

For the first nine months of 2019, Viscom reported revenue of €60.7 million, down 6.6% year-over-year.

Net profit for the nine-month period was €678,000, down 87.1% compared to the same period last year.  Operating profit was down 90% to €699,000.

The firm recorded €61.2 million worth of incoming orders for the first nine months of 2019, down 15.9% year-over-year.

Ed.: €1 = US$1.10