Mips reports strong third quarter financial results
Net sales grew 59% to SEK 215m, driven by the Koroyd acquisition. Mips settled patent litigation with BrainGuard Technologies for USD 3.25m and increased its stake in Quin.
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Helmet safety technology provider
mipscorp.comLast updated
In short: Mips posted 59% Q3 sales growth, settled BrainGuard litigation, and appointed a new CFO.
Net sales grew 59% to SEK 215m, driven by the Koroyd acquisition. Mips settled patent litigation with BrainGuard Technologies for USD 3.25m and increased its stake in Quin.
The company reports financial results for the period January through September 2026, including webcast and telephone conference options.
The report was published on July 16, 2026. It includes a webcast, the full interim report document, and a presentation deck for investors.
Operating profit rose to SEK 95m, margin 41%. Patent litigation settled for USD 3.25m.
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News about MIPS STOCK ✓ and current real-time stock price ✓ Mips AB (publ) GAAP EPS of SEK 2.55, revenue of SEK 232M...
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