VIGO revenue estimates for Q2 2024

PLN 22.7 million – the highest level of quarterly revenue in history ● Revenue growth of +24% y/y, primarily due to constantly growing revenue from the military segment ● Development in the USA: sales growth in the industrial segment (+48% y/y, PLN 3 million), continued efforts to obtain the first contracts from the American arms industry ● Obtaining a concession from the Ministry of Internal Affairs and Administration, allowing for the development of product lines intended for the Polish army VIGO Photonics S.A. (WSE: VGO), a global technological manufacturer of the most advanced photonic mid-infrared detectors and detection modules and semiconductor materials, achieved PLN 22.7 million in consolidated revenue in Q2 2024 (+24% y/y). The level of revenue achieved in Q2 2024 is the highest quarterly level in the company's history.

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VIGO Photonics signed an agreement with NCBiR to co-finance the project "HyperPic - Photonic integrated circuits for mid-infrared applications" from European Funds

VIGO Photonics (WSE:VGO) announced that it has received information about the signing of an agreement by the National Center for Research and Development with the Company for co-financing the project "HyperPIC - Photonic integrated circuits for mid-infrared applications" under the European Funds for a Modern Economy (FENG) program. The project will be implemented as part of the integrated European program IPCEI ME/CT (Important Projects of Common European Interest on Microelectronics and Communication Technologies).

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VIGO Photonics: A recap of 2023 financial results

VIGO Photonics S.A. (WSE: VGO), a global manufacturer of the most advanced mid-infrared photonic detectors and detection modules as well as semiconductor materials, has released its fourth quarter and 2023 results.

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VIGO revenue estimates for Q1 2024

VIGO Photonics S.A. (WSE: VGO), a global technology-based manufacturer of the most advanced photonic mid-infrared detectors and sensing modules as well as semiconductor materials, achieved consolidated revenues of PLN 15.8 million in Q1 2024 (-16% y/y). The order backlog in the period amounted to nearly PLN 38 million, marking a 90% y/y increase.

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