Linedata Services (FR:LIN) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Linedata Services reported a 2% increase in revenue for the first nine months of 2024, reaching €134.6 million, with notable growth in the Lending & Leasing segment despite a slight decline in Q3 order intake. The Asset Management sector also saw a steady rise in Q3 revenues, driven by software division sales, although its services division faced challenges. Overall, Linedata anticipates continued organic growth for the year.
For further insights into FR:LIN stock, check out TipRanks’ Stock Analysis page.