Firan Tech (TSE:FTG) has released an update.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Firan Technology Group Corporation (FTG) reported a significant uptick in its third-quarter financial performance for 2024, with a 29% increase in bookings and an 18% rise in revenues compared to the same quarter last year. The aerospace and defense market demand surge propelled FTG to its highest-ever quarterly results, including a 45% jump in Adjusted EBITDA and a doubling of net earnings. The successful integration of recent acquisitions and strategic capital investments are expected to further enhance shareholder returns.
For further insights into TSE:FTG stock, check out TipRanks’ Stock Analysis page.