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WISeKey Announces H1 2021 Preliminary Results; Reports Revenue of $9 9 Million, a 24% Increase
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WISeKey Announces H1 2021 Preliminary Results; Reports Revenue of $9 9 Million, a 24% Increase from H1 2020
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Press Release : WISeKey Announces H1 2021 Preliminary Results; Reports Revenue of $9 9 Million, a 24% Increase from H1 2020
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WISeKey Announces Strong Q1 2021 Unaudited Revenues Wisekey International Holding SA
Unaudited
year of strong operational and financial performance
Zug, Switzerland, May
10
, 2021 – WISeKey International Holding Ltd. (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today Q1 2021 unaudited revenues of $4.7 million, an increase of more than 7%, from the same period of last year (of note, Q1 2021 revenue number includes revenues generated from arago; WISeKey acquired 51% controlling interest on February 1, 2021). Furthermore, WISeKey ended the quarter with a strong financial position of $23 million cash and restricted cash, at March 31, 2021.
“COVID-19 pandemic affected every company in the technology sector making 2020 a challenging year. Since the beginning of the pandemic, we took steps to quickly manage our business, strengthen of our balance sheet, and we were able to re-position ourselves,
WISeKey International Holding Ltd: WISeKey Announces Strong Q1 2021 Unaudited Revenues
Unaudited
year of strong operational and financial performance
Zug, Switzerland, May
10
, 2021 - WISeKey International Holding Ltd. ( WISeKey or Company ) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today Q1 2021 unaudited revenues of $4.7 million, an increase of more than 7%, from the same period of last year (of note, Q1 2021 revenue number includes revenues generated from arago; WISeKey acquired 51% controlling interest on February 1, 2021). Furthermore, WISeKey ended the quarter with a strong financial position of $23 million cash and restricted cash, at March 31, 2021. COVID-19 pandemic affected every company in the technology sector making 2020 a challenging year. Since the beginning of the pandemic, we took steps to quickly manage our business, strengthen of our balance sheet, and we were able to re-position ourselves, efficiently manage ou