Digital Bros S.p.A. (IT:DIB) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Digital Bros reported a 6.3% increase in net revenues for the first quarter of the 2024-2025 fiscal year, reaching 21.5 million euros, driven by sales of catalog products. Despite a negative operating margin, the company improved its EBITDA significantly to 5.9 million euros due to a reorganization process. However, it still faced a net loss of 2.3 million euros, although this was an improvement over the previous year’s first quarter.
For further insights into IT:DIB stock, check out TipRanks’ Stock Analysis page.