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.