5N Plus (TSE:VNP) has released an update.
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5N Plus Inc. has reported a robust second quarter for 2024, marking a significant 26% increase in revenue and a 24% rise in Adjusted EBITDA. The company’s success is attributed to strong demand in specialty semiconductors, particularly from the renewable energy and space solar power sectors, with a notable backlog indicating sustained growth.
For further insights into TSE:VNP stock, check out TipRanks’ Stock Analysis page.
