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An announcement from Elliptic Laboratories AS ( (DE:EIP) ) is now available.
Elliptic Labs has announced preliminary third-quarter 2025 revenues of NOK 42.3 million, marking a 50% increase from the previous year, with an EBITDA of NOK 12.7 million. This growth is attributed to milestone revenue recognition from a contract with Lenovo. The company has moved its Q3 results presentation forward to address speculation related to recent leadership changes.
More about Elliptic Laboratories AS
Elliptic Labs is a technology company specializing in AI Virtual Smart Sensor PlatformTM, which enhances user experiences by bringing contextual intelligence to devices. Their technology, utilizing proprietary deep neural networks, is deployed in over 500 million devices globally and works across all devices, operating systems, platforms, and applications. Headquartered in Norway, with a presence in the USA, China, South Korea, Taiwan, and Japan, Elliptic Labs is listed on the Oslo Stock Exchange.
Average Trading Volume: 362,371
Current Market Cap: NOK904.4M
For a thorough assessment of EIP stock, go to TipRanks’ Stock Analysis page.