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VIA optronics AG (NYSE:VIAO) has formed a strategic partnership with SigmaSense, leading to a financial investment in the touch sensing technology company. This collaboration aims to develop advanced touch solutions for sectors like automotive, industrial displays, and consumer electronics. VIA's CEO highlighted the potential for enhanced touch resolution and innovative functionalities. SigmaSense's technology boasts significant improvements in touch performance, with a signal-to-noise ratio (SNR) 100 to 1,000 times better than current market offerings, making it effective in challenging environments.
VIA optronics AG (NYSE: VIAO) has closed its first acquisition as a public company by acquiring Germaneers GmbH, a high-tech engineering firm specializing in automotive system integration. This strategic move aims to enhance VIA's R&D capabilities and expand its market presence among German OEMs. With over two years of collaboration, VIA expects to leverage Germaneers’ innovative technologies to deliver advanced cockpit integrations and improve customer experience in automotive interiors. Key Germaneers leaders will join VIA's R&D team, focusing on electronic and mechanical design.
VIA optronics AG (NYSE: VIAO) announced that CEO Jürgen Eichner and CFO Daniel Jürgens will present at the 16th Annual Needham Technology and Media conference on May 20, 2021, at 5:45 p.m. CEST / 11:45 a.m. EDT. The presentation will be accessible via a live webcast on the company's investor relations website. VIA specializes in enhanced display solutions tailored for high-end markets that require superior functionality and durability, utilizing proprietary technologies to meet specific customer needs.
VIA optronics AG (NYSE: VIAO) reported strong first-quarter 2021 results, achieving total revenues of €41.3 million, a 60.7% increase from the previous year. Display Solutions drove this growth, with a 71.2% rise in revenue. Despite a decline in gross profit margin to 11.4%, the company reported a net loss of €1.1 million, an improvement from €4.1 million in Q4 2020. Looking ahead, VIA expects second-quarter revenue between €44 million and €46 million, maintaining a year-over-year growth outlook of at least 20% for 2021, despite ongoing pandemic impacts and semiconductor shortages.
VIA optronics AG (NYSE: VIAO) plans to release its first quarter 2021 financial results on May 18, 2021, before the US market opens. Following the results, the company will host a conference call at 2:30 p.m. Central European Time (8:30 a.m. Eastern Time) to discuss its performance and provide corporate updates. Interested parties can join the call via dial-in numbers provided or through a live webcast on the company's Investor Relations website. An archived version of the webcast will be available for 90 days.
VIA optronics AG (NYSE: VIAO) reported strong financial results for Q4 and full year 2020. Total Q4 revenue increased by 22.5% to €44.1 million, driven by a 27.6% rise in Display Solutions revenue, which accounted for 71% of total revenue. The company's gross profit margin improved significantly to 16.6%. For the full year, total revenue reached €152.6 million, up 11.2%, with an operating loss reduced to €0.8 million. Looking ahead, VIA expects Q1 2021 revenue between €36 million and €38 million, anticipating at least 20% growth for the full year, despite ongoing COVID-related uncertainties.
VIA optronics AG (NYSE: VIAO) reported preliminary unaudited financial results for Q4 and FY2020, forecasting revenues of €43 million to €45 million for Q4, surpassing prior guidance and marking a 22% increase from €36 million in Q4 2019. Full-year revenue is expected to be between €151 million and €153 million, an 11% year-over-year growth. However, the company anticipates EBITDA losses for Q4 between €(0.8) million and €(1.2) million. The results reflect VIA's strong demand in the automotive sector, especially for electric vehicles. Full results will be disclosed on March 11, 2021.
VIA optronics AG (NYSE: VIAO) will report its Q4 and full-year 2020 financial results on March 11, 2021, before the US market opens. A conference call to discuss these results will follow at 2:30 p.m. CET / 8:30 a.m. ET. Investors can access the call via dial-in numbers or through a webcast on the VIA Investor Relations website, where an archived version will be available for 90 days.
VIA specializes in customized display solutions for demanding environments, emphasizing functionality and durability.
VIA optronics AG (NYSE: VIAO) is set to present at the 23rd Annual Needham Growth Conference on January 15, 2021, at 5:30 p.m. CET. Jürgen Eichner, CEO and Founder, and Daniel Jürgens, CFO, will represent the company. VIA specializes in enhanced display solutions, catering to high-end markets with challenging environments. Their technology addresses issues like bright ambient light and extreme temperatures, combining interactive displays with advanced hardware components. A live webcast and replay will be accessible via their investor relations website.
VIA optronics AG (NYSE: VIAO) has announced an updated schedule for its third quarter 2020 earnings call, originally delayed due to a network outage affecting the conference call provider. The call will take place today at 5:00 p.m. Central European Time / 12:00 p.m. Eastern Time. Investors can access the live webcast via the VIA Investor Relations website along with the company's earnings press release. Dial-in numbers for participants are provided for the USA, UK, and Germany. An archived version of the webcast will be available for 90 days.