AIRTIME PARTECIPAZIONI S.P.A. (FR:ALMEX) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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
Mexedia S.p.A. reports a strategic shift towards high-margin enterprise messaging, which contributed to an increase in gross profit margin to 8% for the first half of 2024, despite an overall revenue decline due to reduced voice business. The company is optimistic about a stronger performance in the second half of the year as it continues to streamline and integrate operations for long-term value creation.
For further insights into FR:ALMEX stock, check out TipRanks’ Stock Analysis page.