ABB Forex News
ABB Stock Up On Higher Q1 Opn. EBITA, Boost In FY24 Margin View
Shares of ABB Ltd. were gaining around 6 percent in the morning trading in Switzerland after the Swiss engineering company on Thursday reported higher Operational EBITA, a key earnings metric, in its first quarter. Meanwhile, net profit and orders were lower and revenues were nearly flat. The company said its order intake for the first quarter was better than expected.
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34 days ago
ABB Stock Down On Weak Q3 Orders, Q4 Margin Warning
Swiss engineering company ABB Ltd. reported Wednesday significantly higher profit in its third quarter with strong revenue growth, while orders were weak. Going ahead, the company projects comparable revenue growth in the fourth quarter, but margin will be lower sequentially. The company further lifted its forecast for fiscal 2023. In Switzerland, ABB shares were losing around 5 percent.
RTTNews
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217 days ago
ABB Stock Up On Surge In Q2 Profit, Positive Outlook
Shares of ABB Ltd. were gaining around 3 percent in the morning trading in Switzerland after the Swiss engineering company reported Thursday significantly higher profit in its second quarter on strong revenue growth. Orders, meanwhile, declined from last year. Looking ahead, the company said it sees growth in its third quarter, and maintained revenue forecast for fiscal 2023.
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306 days ago
