Third Quarter 2016 Revenue

For the quarter ending September 30th, 2016, Netgem announces a consolidated revenue of € 19.7 million, bringing the consolidated revenue for the first 9 months of 2016 to € 58.8 million, a 3% decrease compared to the same period in 2015.

As communicated previously, Netgem expects a positive growth of its gross profit and results on a full year basis, reflecting the growing positive impact of the SaaS business model (“Software as a Service”) and the streamlining of its B2C business.

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