Business
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

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.