IONOS falls as Q2 adjusted core profit misses expectations
BUZZ-IONOS falls as Q2 adjusted core profit misses expectations ** Shares in IONOS IOSn.DE fall around 6% after the German web-hosting company's Q2 adjusted core profit failed to meet expectations
** IONOS posts Q2 adjusted EBITDA of 127 million euros ($146.60 million), up from 124 million a year earlier, but below consensus of 133 million euros, cited by J.P. Morgan
** However, JPM says the German firm's FY adjusted core profit guidance came in line with consensus, expecting limited changes to consensus on this metric
** The company expects FY adj. EBITDA of 530 million euros for 2026
** The stock is among the worst performers of Germany's small-cap index .SDAXI
($1 = 0.8663 euros)
(Reporting by Ozan Ergenay)
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