⁍ Nordic IT services provider TietoEVRY reported a slight fall in its July-September quarterly profit.

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⁍ The company’s sales dropped 7% from a year ago to 643.8 million euros.

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⁍ The company’s largest unit by sales, Cloud and Infra, saw sales falling 10% from a year ago.

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– TietoEVRY’s third-quarter profit fell slightly as the spread of the deadly coronavirus took a toll on the IT company’s sales. The Estonia-based firm posted an adjusted operating profit of $106.6 million in the July-September quarter, down from $101.2 million a year earlier, reports Reuters. TietoEVRY’s sales fell 7% from a year ago to 643.8 million euros, missing analysts’ estimates of $644.7 million to 664.4 million euros. “COVID-19’s impact on TietoEVRY’s third-quarter revenue was 4% and the company currently anticipates that the pandemic will have a similar impact on the fourth quarter,” TietoEVRY said. The company’s largest unit by sales, Cloud and Infra, saw sales falling 10% from a year ago, missing all analysts forecasts, as contracts lost in 2019, unusually high sales in a year-ago quarter, and the COVID-19 pandemic took a toll. A week ago, TietoEVRY had restored its full-year guidance, expecting its comparable 2020 adjusted earnings before interests and taxes to increase from previous year’s levels.