5N Plus (TSE:VNP) has released an update.
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5N Plus Inc. reported a remarkable 25% increase in revenue to $78.8 million for the third quarter of 2024, driven by robust growth in its Specialty Semiconductors and Performance Materials segments. The company also saw a 62% rise in Adjusted EBITDA, reflecting strong market demand and efficient operational execution. With a backlog of $250 million, 5N Plus is strategically positioned for further organic and external growth opportunities.
For further insights into TSE:VNP stock, check out TipRanks’ Stock Analysis page.
