Wavestone (FR:WAVE) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Wavestone reported a substantial 65% revenue growth in the first half of 2024/25, buoyed by recent acquisitions and organic growth. Despite a slight decline in recurring operating margin to 10.1%, the company’s net result improved by 19%, reaching €27.3 million. The firm aims for a stable revenue and a recurring operating margin of 12.5% for the year, demonstrating resilience amidst integration efforts.
For further insights into FR:WAVE stock, check out TipRanks’ Stock Analysis page.
