ASETEK – Q1 2016: Revenue Growth and Profitability
April 27, 2016 · Strong revenue growth in desktop DIY market · Data center revenue ramped up on shipments to new customers · Third consecutive quarter of net profit and positive EBITDA · Positive outlook maintained: Modest growth within desktop segment and significant growth within data center segment in 2016 Asetek reported revenue of $10.4 million in the first quarter 2016, representing growth of 88% versus the same period last year. The growth consisted of 75% increase in desktop revenue driven by shipments in the DIY market. Data center revenue grew over five times the