Sivers Semiconductors Reports Record Fourth-Quarter and Fiscal-Year 2023 Results
A record-breaking year and quarter, leads to profitability in Q4, 2023·Fourth-quarter revenue was SEK 73.882 million, up 48% year-over-year (YoY). ·Full-year revenue was SEK 236.334 million, up 78% year-over-year (YoY). ·Adjusted EBITDA totaled SEK 21.032 million (–16.943). ·Company is finalizing a SEK 50 million loan facility extension with existing lenders; thus eliminating the need for capital contributions from shareholders. Kista, Sweden // Feb. 8, 2024 // Sivers Semiconductors AB (STO: SIVE) Fourth quarter October-December 2023 · Net sales amounted