(VIANEWS) – The Market ended the session with POLIGHT (PLT.OL) jumping 14.57% to kr12.74 on Wednesday, after three successive sessions in a row of gains. Oslo Børs Benchmark Index_GI jumped 1.14% to kr1,227.60, following the last session’s downward trend on what was an all-around up trend exchanging session today.
POLIGHT’s last close was kr11.12, 61.66% below its 52-week high of kr29.00.
About POLIGHT
poLight ASA develops optical lens for consumer devices and industrial applications in Europe, Asia, and the United States. The company's lens replicates the lens of the human eye enabling the implementation of autofocus functions for various applications. Its product portfolio includes TLens, a tuneable optical lens for autofocus camera applications; Packaged TLens that facilitates integration of a TLens on a fixed-focus camera module; ASIC drivers, which control the supply of variable voltage to Tlens products and makes them to change focus; TLens Silver and TLens Silver Premium devices; and evaluation kits that allows to test and evaluate the optical and electrical performance of the TLens in new products and/or applications. The company serves smartphones and wearables, barcode/industrial, augmented reality, medical endoscopy, webcams, and other markets. poLight ASA was incorporated in 2005 and is headquartered in Skoppum, Norway.
Earnings Per Share
As for profitability, POLIGHT has a trailing twelve months EPS of kr-1.18.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -38.2%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 384.1%, now sitting on 19.01M for the twelve trailing months.
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