April 19, 2018 / 5:48 AM / in 4 months

BRIEF-Basware Q1 Adjusted EBITDA Swings To Profit Of EUR 12,000

April 19 (Reuters) - Basware Oyj:

* Q1 NET SALES EUR 36.0 MILLION VERSUS EUR 36.8 MILLION YEAR AGO

* Q1 ADJUSTED EBITDA EUR 12 THOUSAND (EUR -1 593 THOUSAND)

* 2018 CLOUD REVENUES EXPECTED TO BE BETWEEN EUR 90 AND 95 MILLION

* 2018 TOTAL COSTS EXCLUDING AMORTIZATION, DEPRECIATION AND ADJUSTMENTS TO BE SLIGHTLY ABOVE 2017 LEVELS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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