Earnings: Vizrt Revenue Up 66 Percent Year-On-Year

European technology company Vizrt (Frankfurt Prime Standard, Oslo Main List: VIZ) has released announced its first quarter results for the three months ending March 31. Revenue for the quarter was $19.9 million, an increase of 66 percent year-on-year. Net profit increased 63 percent year-on-year to $3.7 million. Vizrt offers content creation to news broadcasters, and is working on a downscaled version of it s Viz|Engine, Multi Platform Solution which can handle 3G graphics on mobile phones. It also has SMS/MMS response technology.

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