Ingenta – interims, an ahead of market expectations Buy
By HotStockRockets | Thursday 14 September 2023
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Software and services to the publishing industry company Ingenta (ING) has announced results for the first half of the 2023 calendar year and that “on balance, the board remain confident in the outlook for the year and expects that EBITDA for the year ended 31 December 2023 will be ahead of market expectations”. Sounds good, but we focus on the bottom-line rather than EBITDA so how’s that outlook from a current around 120p share price?
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