Atoss Software rises pre-market after margins guidance hike

ATOSS Software SE

24/07/2024 07:14

** Shares in Atoss Software  AOFG.DE  are seen up around 4%
in pre-market trade after the German software developer raised
its 2024 margins forecast
    ** It now expects its EBIT margin of at least 33% versus 30%
previously; revenue forecast of 170 million euros was confirmed
    ** "The raised profit outlook above analysts' expectations
could help shares at least first, but a conservative sales
guidance is a small bummer," a local trader says

 (Reporting by Mateusz Dobrzyniewski)
 ((Mateusz.dobrzyniewski@thomsonreuters.com))