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IAR Systems Group AB ( ($SE:IAR.B) ) has issued an update.
IAR Systems Group AB reported a 3.7% increase in sales for Q1 2025, with significant growth in the APAC region, notably a 184% increase in China. The company launched a new cloud-enabled subscription offering at Embedded World in March, expected to boost annual recurring revenue and long-term growth, despite short-term fluctuations. The adjusted EBITDA margin decreased to 33.8% due to foreign exchange losses and increased personnel costs.
More about IAR Systems Group AB
IAR Systems Group AB operates in the software industry, focusing on providing embedded development tools and services. The company is known for its cloud-enabled subscription offerings, targeting markets in EMEA, APAC, and North America.
YTD Price Performance: -9.51%
Average Trading Volume: 928
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.48B
See more insights into IAR.B stock on TipRanks’ Stock Analysis page.