Kerlink SA Announces Revenue Results for the Third Quarter and Nine Months Ended September 2017; Reaffirms Revenue Guidance for the Full Year of 2017
October 23, 2017
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Kerlink SA announced revenue results for the third quarter and nine months ended September 2017. For the period, the company reported revenue of EUR 14,900,000 against EUR 9,422,000 a year ago.
For the quarter, the company reported revenue of EUR 4,812,000 against EUR 4,026,000 a year ago.
Strengthened by these favourable developments and excellent visibility for the fourth quarter, Kerlink can confirm its target of EUR 25 million in revenue for 2017. In view of this favourable outlook and based on current market trends with both public and private operators, Kerlink can confirm its revenue target of more than EUR 70 million by 2020.
Kerlink specializes in the provision of network infrastructure solutions for Internet of Things (IoT). The offering consists of solutions (software, hardware and services) for public operators, enterprises and communities. Kerlink products are known for their robustness, ease of integration into all types of networks and fleets, their compatibility with most world standards and their low operating costs and deployments.
Services offered by Kerlink cover customer needs including: network planning, network performance optimization, remote network management and positioning without GPS.
Over 200,000 products have been sold in France and internationally for over 350 clients including GrDF, Saur, Suez, Orange, Médiamétrie, Tata Communications and Boston Networks.
Net sales break down by source of income between sales of products (75.4%) and services (24.6%).
Net sales are distributed geographically as follows: Europe/Middle East/Africa (76.7%), Asia/Pacific (15.3%) and Americas (8%).
KERLINK 
