Gamma Communications (GB:GAMA) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Gamma Communications reports a robust financial performance for the first half of 2024, with a 10% revenue increase to £282.5m and significant growth in gross profit and Adjusted EBITDA. The company’s strategy of expanding through acquisitions has paid off, with two recent purchases enhancing earnings and a promising deal with Cisco’s Placetel, poised to increase their presence in the German market. Gamma’s strong balance sheet and effective management have set them up for continued growth, meeting or exceeding market expectations for the full year.
For further insights into GB:GAMA stock, check out TipRanks’ Stock Analysis page.