Neurones rise on 'solid' Q3 and guidance hike

Neurones SA

10/11/2022 09:56

** Shares in French IT company Neurones  NRO.PA  rise 2.5%
after it reported its Q3 results and raised its FY guidance
    ** Q3 revenue came in at 158.9 million euros ($158.42
million), up from 137.7 million euros a year ago
    ** It now targets 650 million euros in revenue for FY (vs
640 million euros previously) and an operating profit of around
11% (vs 10.5% previously)
    ** Midcap Partners notes this is the 5th consecutive quarter
of revenue growth and flags "very solid" margins
    ** Up to Wednesday's close, Neurones shares were down 8.8%​
YTD
($1 = 1.0030 euros)
 (Reporting by Valentine Baldassari)
 ((Valentine.baldassari@tr.com))