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An update from Smartoptics Group AS ( (DE:3YL) ) is now available.
Smartoptics Group AS reported a significant revenue growth of 46.2% in the third quarter of 2025, reaching USD 19.0 million, with an increased gross margin of 49.5%. The company achieved its second consecutive all-time high quarterly revenue, driven by strong demand in data centers and the adoption of AI technologies. This growth was supported by the launch of high-performance products and strategic orders from major operators in EMEA and the US. Smartoptics aims to expand its market share and maintain a strong EBIT margin, leveraging its flexible solutions and growing traction among large accounts.
More about Smartoptics Group AS
Smartoptics Group AS is a Scandinavian company founded in 2006 that provides innovative optical networking solutions and devices for open networking. Their customer base includes enterprises, governments, cloud providers, Internet exchanges, and telecom operators. The company partners with leading technology providers like Brocade, Cisco, and Dell, and has a global reach through over 100 business partners.
Average Trading Volume: 184,888
Current Market Cap: NOK2.35B
Learn more about 3YL stock on TipRanks’ Stock Analysis page.