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HYCO: Revenue up, net income down; GridLink and service drive future growth focus

HYCO: Revenue up, net income down; GridLink and service drive future growth focus

Hybricon AbMay 20, 20254
HYCO: Revenue up, net income down; GridLink and service drive future growth focus

About this update from Hybricon Ab

Revenue grew year-over-year, but net income turned negative due to lower gross margin and higher personnel costs. GridLink product development advanced, and aftermarket/service segments remained strong. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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