Class Editori SPA (IT:CLE) has released an update.
Class Editori S.p.A. reported a decline in revenues for the first nine months of 2024, mainly due to reduced turnover and profitability from its subsidiary, Gambero Rosso. Despite a positive operating margin and growth in digital readership and advertising sales, the company faced a negative net result impacted by increased depreciation and financial charges.
For further insights into IT:CLE stock, check out TipRanks’ Stock Analysis page.
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