REALTECH AG announced earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported revenue of EUR 7.7 million against EUR 8.5 million a year ago. LBIT was EUR 1.0 million against EUR 0.0 million a year ago. Group revenue was EUR 25.4 million compared to EUR 25.3 million a year ago. Net income was EUR 1.6 million compared to net loss of EUR 1.7 million a year ago. LPS was EUR 0.29 compared to EUR 0.32 a year ago.

For the nine months, the company reported revenue of EUR 25.4 million against EUR 25.3 million a year ago. LBIT was EUR 1.3 million against LBIT of EUR 1.3 million a year ago. Group revenue was EUR 7.6 million compared to EUR 8.5 million a year ago. Net loss was EUR 1 million compared to EUR 0.2 million a year ago. LPS was EUR 0.18 compared to EUR 0.04 a year ago.

The company provided earnings guidance for the second half of 2015. In particular, a drop in sales in the high-margin business segment Software in the second half of the year and a comparably high fluctuation in Consulting (Germany) mean that instead of the previously forecast operating profit (EBIT) for the 2015 fiscal year of between EUR 0.0 million and EUR 1.0 million. The company now expects a figure between EUR 2.0 million and minus EUR 3.0 million.