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Myriad Group AG Langerstrasse 14 8600 Dubendorf, Switzerland http://www.myriadgroup.com
Contact Mr James Bodha +44 161 249 5400
Company logo of Myriad Group AG
Myriad Group AG

Myriad Group Reports Revenues of USD 84.3 Million and EBITDA of USD 15.2 Million for First Nine Months 2010

(PresseBox) (Dubendorf-Zürich, Switzerland, )
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- Revenues USD 84.3 million
- Gross profit USD 56.4 million, gross margin of 67%
- EBITDA (pre-restructuring and extraordinary income) USD 15.2 million, EBITDA margin of 18%
- Extraordinary gross income of USD 19 million as a result of sale of IP
- Cash balance USD 36.5 million

Myriad Group AG (SIX: MYRN), a global leader in mobile technology having shipped over 3.7 billion software applications on more than 2.2 billion phones, today reported unaudited revenues of USD 84.3 million for the first nine months of 2010 and underlying operating profit[1] (EBITDA) of USD 15.2 million.

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