Swedish audiobook streaming service and publisher Storytel reported preliminary results for the third quarter ended September 30, with streaming sales of SEK742 million ($70.4 million), up 27 percent from last year and just above their forecast of SEK 724-731 million. Excluding Russia, where the company ceased operations at the end of September due to the war with Ukraine, sales were SEK732 million, up 29 percent. Streaming sales in the Nordic segment were SEK492 million, up from SEK447 million last year. In the non-Nordic segment, streaming sales were SEK249 million, a leap from SEK135 million in Q3 2021. Incoming ceo Johannes […]
