tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

PSI Software SE Reports Growth Amidst Challenges

PSI Software SE Reports Growth Amidst Challenges

PSI AG fuer Produkte und Systeme der Informationstechnologie (DE:PSAN) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

PSI Software SE reported a significant growth in the financial year of 2023, with an 8.9% increase in sales to 269.9 million euros, although the operating result and net income saw substantial declines. New orders rose by 17.7% to 297.3 million euros, driven by gains in specific divisions and geographical regions. The firm, however, faced a cyberattack in 2024, the full financial impact of which remains uncertain, potentially affecting the planned incoming orders and sales for the year.

For further insights into DE:PSAN stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1