Pexip Holding ASA - Q3 2022 results
Oslo, Norway, November 10, 2022 - Pexip Holding ASA ("Pexip" or "The Company", Oslo Børs Ticker: PEXIP), today presented its quarterly results for the third quarter of 2022, showing revenue of NOK 189.2 million and a negative adjusted EBITDA of NOK 56.2 million excluding one-off restructuring costs of NOK 5.3 million. The revenue development has been stable, with flat growth year-on-year, however, realizing significantly lower costs than in Q2’22, EBITDA is improved quarter-on-quarter. The Company has made solid progress on its cost reduction program. Based on this, Pexip is setting its