Asetek: ASETEK – Update to Fourth Quarter Guidance
November 30 2015 - 1:11AM
Business Wire
Asetek communicated in its third quarter 2015 report announced
28 October 2015 that the company expected fourth quarter 2015 group
revenues in line with the third quarter level of USD 10
million.
The company today announces that fourth quarter 2015 group
revenues are likely to exceed the record third quarter level of USD
10 million by at least 20%. The year-over year and sequential
revenue growth follows positive development within both Asetek’s
desktop and data center business segments.
About Asetek
Asetek is the world leading provider of energy efficient liquid
cooling systems for data centers, servers, workstations, gaming and
high performance PCs. Its products are used for reducing power and
greenhouse emissions, lowering acoustic noise, and achieving
maximum performance by leading OEMs and channel partners around the
globe. Asetek’s products are based upon its patented all-in-one
liquid cooling technology with more than 2 million liquid cooling
units deployed in the field. Founded in 2000, Asetek is
headquartered in Denmark with offices in California, China and
Taiwan. For more information, visit http://www.asetek.com.
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AsetekAndre S. Eriksen, +45 2125 7076Chief Executive
Officerceo@asetek.comorPeter D. Madsen, +1 408 813 4147Chief
Financial Officerinvestor.relations@asetek.com