Technoprobe S.p.A. (IT:TPRO) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Technoprobe S.p.A. reported a 25.9% increase in consolidated revenues to €386.9 million for the first nine months of 2024, driven by growth in the artificial intelligence sector and stabilization in the consumer market, despite challenges in the automotive and industrial sectors. However, the company’s EBITDA decreased by 5.2% due to changes in the consolidation perimeter and lower productivity of new products. Technoprobe remains optimistic about future growth, highlighting its leadership in the AI market and ongoing integration of acquired businesses.
For further insights into IT:TPRO stock, check out TipRanks’ Stock Analysis page.