India, Aug. 19 -- Formpipe Software AB (FPIP.ST) on Tuesday reported decreased net profit in its second quarter, despite revenue growth.
In Stockholm, the shares were trading 2.68% lower at 29.00 kronor.
The Swedish software company reported net profit of 0.49 million Swedish kronor, compared to profit of 8.32 million Kronor in the prior year. Earnings per share decreased to 0.01 krona from 0.15 krona last year.
The firm reported that adjusted EBIT rose to 12 million kroner from 8 million kroner last year, and the adjusted EBIT margin increased to 9% from 6% a year ago.
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The EBITDA grew to 29 million kroner from 25 million kroner in the prior year, and ...