Impairment of intangible fixed assets
Waystream writes down the book value of the company's intangible fixed assets relating to product development by MSEK 6. The decision is made after an annual review of impairment requirements, as well as links with the company's revised strategy, which aims to better meet customers' future needs for Waystream products and services. The impairment loss has no effect on cash flow but will affect reported operating profit in the fourth quarter of 2017.
or more information, please contact:
Mats Öberg, VD Waystream
Mobile: +46 (0) 76 881 81 31
Waystream sells and designs advanced digital infrastructure including switches and routers. With our products and expertise, we help telecom operators and service providers to offer reliable and user-centric network services with a high level of functionality. Our products are smart, easy to use and manage, and designed to create the best possible experience for the end user.
The company is traded on the NASDAQ First North. Waystream’s Certified Adviser is FNCA Sweden AB.