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Otovo September service work orders rise 13% to 3,137 in U.S. operations

PUBT·10/01/2026 21:48:58
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Otovo September service work orders rise 13% to 3,137 in U.S. operations
  • Otovo’s September 2026 U.S. service work orders rose 13% month on month to 3,137.
  • Average revenue per service work order increased 15% to $753.
  • Estimated gross margin improved to 49% from 46% in August.
  • SG&A staffing was cut by about one-third between Aug. 1 and Oct. 1, with more reductions expected in Q4.
  • Global technician count exceeded 115 at Sept. 30, with management targeting more than 300 by year-end.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Otovo ASA published the original content used to generate this news brief via NewsWeb, the disclosure sustem operated by Euronext Oslo (Ref. ID: 202610011747OSLOBORSNEWS__EN_346C653CD822DCAE4E4B6E0F58A27C6), on October 01, 2026, and is solely responsible for the information contained therein.