Technoprobe S.p.A. (IT:TPRO) 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
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.