Acast AB (publ) improves the path to future profitable growth by reviewing its organization with the intent to reduce its cost base. After an intensive period of product development and investments, focus will shift towards the creation of profitable growth in line with the company's updated financial goals - which were presented in the report for the second quarter. The cost reductions imply a decrease of the current workforce by approximately 15%.
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5-day change | 1st Jan Change | ||
14.6 SEK | +2.82% | +14.06% | +46.15% |
05-07 | Transcript : Acast AB, Q1 2024 Earnings Call, May 07, 2024 | |
05-07 | Acast AB Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+46.15% | 247M | |
+34.54% | 470B | |
+27.57% | 268B | |
+6.66% | 137B | |
+32.61% | 96.13B | |
+6.99% | 92.47B | |
+61.15% | 60.06B | |
+18.75% | 48.02B | |
+24.94% | 37.9B | |
+0.13% | 35.73B |
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- Acast AB Intends to Reduce its Workforce by Approximately 15%