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Acconeer’s revenue was 210 k USD during first quarter 2020

Ahead of Acconeer's annual general meeting (AGM), which starts 14 April 17.30, previously unpublished figures for three important parameters are published:

  • Revenue - Acconeer's revenue was 210 000 USD during the first quarter 2020, which is a growth with 16% compared to the previous quarter and 284% compared to the first quarter 2019.
  • Number of sold evaluation kits (EVKs) - During the first quarter 2020 Acconeer sold 358 EVKs.
  • Customer launches - the total number of customer launches with Acconeer's radar is after the first quarter 2020 in total 17. This is a growth with three compared to the previous quarter.

As previously communicated, CEO's speech will be recorded and made available at www.acconeer.com, instead of being held at the AGM itself. For more information about this and other precautions around the AGM, see press release from March 20.

For additional information, please contact:
Lars Lindell, Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: ir@acconeer.com

This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on April 09, 2020 08.00.

The following documents can be retrieved from beQuoted
Acconeer-press-release-200409.pdf

About Acconeer AB

Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail certifiedadviser@redeye.se. For more information: www.acconeer.com