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Myriad Group AG Langerstrasse 14 8600 Dubendorf, Switzerland http://www.myriadgroup.com
Contact Mr James Bodha +44 161 249 8900
Company logo of Myriad Group AG
Myriad Group AG

Myriad Group First Quarter 2010 Results

(PresseBox) (DUEBENDORF-ZURICH, Switzerland, )
.
- Revenues USD 28.5 million
- Gross profit USD 19.1 million, gross margin of 67%
- EBITDA USD 4.5 million, EBITDA margin of 16%
- Improved sales and booking performance from the Mobile Services Division following reorganisation of management and sales teams
- Significant mobile social networking contract win with Telefónica, USD 80-100 million over five years
- Guidance for FY 2010 and longterm outlook for 2011/2012 confirmed

Myriad Group AG (SIX: MYRN), a global leader in mobile technology with software in over 2 billion phones, announced further details of its Q1 2010 results today.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.