Enea’s royalty revenue higher than previously estimated
As a result of increased use of Enea’s software and after the quarterly reconciliation of the royalty-based volumes, Enea’s royalty revenue will be SEK 13 million higher than previously estimated. The amount will be recognized in December 2011.
"Most of Enea's revenues are recurring revenues with royalties as an important part.", said Anders Lidbeck, President and CEO of Enea. "Royalty is reported on a quarterly basis and varies depending on our customers' product sales. The royalty revenue therefore varies naturally over the quarters and will be higher in the fourth quarter than our previous estimates."
For more information
Anders Lidbeck, President & CEO
Phone: 46 8 50 71 40 00
Email: anders.lidbeck@enea.com
Catharina Paulcén, VP Communications
Phone: 46 8 50 71 40 00
Email: catharina.paulcen@enea.com
About Enea
Enea is a global software and services company focused on solutions for communication-driven products. With 40 years of experience Enea is a world leader in the development of software platforms with extreme demands on high-availability and performance. Enea's expertise in real-time operating systems and high availability middleware shortens development cycles, brings down product costs and increases system reliability. Enea's vertical solutions cover telecom handsets and infrastructure, medtech, automotive and mil/aero. Enea has offices in Europe, North America and Asia. Enea is listed on Nasdaq OMX Nordic Exchange Stockholm AB. For more information please visit enea.com or contact us at info@enea.com.
Enea®, Enea OSE®, Netbricks®, Polyhedra® and Zealcore® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Element, Enea® Optima, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Enea® LINX, Enea® Accelerator, Polyhedra® Flashlite, Enea® dSPEED Platform, Enea® System Manager, Accelerating Network Convergence(TM), Device Software Optimized(TM) and Embedded for Leaders(TM) are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. © Enea AB 2011.
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