PSI Software SE Sees Signs of Recovery in Q2

PSI AG fuer Produkte und Systeme der Informationstechnologie (DE:PSAN) has released an update.

PSI Software SE reports a slight stabilization in their second quarter with a 16% increase in incoming orders, reaching 59 million euros, and sales stabilizing at 62 million euros. Despite the ongoing recovery from a cyberattack, the company’s first-half sales were down by 5.8% to 112.3 million euros, with a significant negative operating result. The company continues to implement measures to enhance IT security and streamline its organizational structure.

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