Tobii expects to report a positive operating result in its fourth quarter 2022

Press release

Stockholm, January 12, 2023

Tobii expects its fourth quarter 2022 operating result (EBIT) to be positive, which is above recent guidance and market expectations.

The revenue for the fourth quarter 2022 is expected to be in the range of SEK 250m to SEK 265m (196), implying above 15% organic growth, and an operating profit in the range of SEK 5m to SEK 10m (-30). The positive operating result is due to higher-than-expected revenue from strong performance for Products & Solutions in China and some large projects invoiced in the Integration segment.

Tobii is not revising its financial target and reiterates that it expects to reach positive operating result again in the fourth quarter 2023.

The full interim report for the fourth quarter will be released on Tuesday, February 7 at 07:30 CET. No further information will be announced before that. These figures are preliminary and have not been reviewed by the company’s auditors.

Tobii AB (publ) is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, on January 12, 2023, at 19:00 p.m. CET.

Contact

Henrik Mawby, Head of Investor Relations, Tobii Group, phone: +44 (0)74 94 074 006, email: henrik.mawby@tobii.com

About Tobii

Tobii is the global leader in eye tracking and pioneer of attention computing. We are on a mission to improve the world with technology that understands human attention and intent. Creating tech for a better future, our technologies and solutions apply to areas such as behavioral studies and research, healthcare, education and training, gaming, extended reality (VR, AR & MR), automotive, and many more. Tobii's eye tracking is used by thousands of enterprises, universities, and research institutes around the globe. Headquartered in Sweden, Tobii is listed on Nasdaq Stockholm (TOBII). For more information: www.tobii.com.