EBITDA and total revenues meet management expectations
- Total reported revenues stable at € 52.2 million in Q1; on an operational basis1 up 1.8%
- EBITDA amounted to € 10.8 million; decline compared to prior year in-line with expectation, therefore full year guidance maintained
- Higher level of operating expenses compared to Q1 last year reflects the build-up of the cloud organization and product development
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