Tinexta Reports Revenue Growth Amid Profit Challenges
Company Announcements

Tinexta Reports Revenue Growth Amid Profit Challenges

Tinexta SpA (IT:TNXT) has released an update.

Tinexta SpA reported a 13.4% increase in revenue for the first nine months of 2024, reaching €305.7 million, while facing a 75.5% decline in net profit from operating activities. Despite challenges in margins and regulatory delays, the company is expanding through acquisitions and remains optimistic about growth in its key markets.

For further insights into IT:TNXT stock, check out TipRanks’ Stock Analysis page.

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