Digital Bros S.p.A. (IT:DIB) has released an update.
Digital Bros reported a 6.3% increase in net revenues for the first quarter of the 2024-2025 fiscal year, reaching 21.5 million euros, driven by sales of catalog products. Despite a negative operating margin, the company improved its EBITDA significantly to 5.9 million euros due to a reorganization process. However, it still faced a net loss of 2.3 million euros, although this was an improvement over the previous year’s first quarter.
For further insights into IT:DIB stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Deutsche Bank Pounds the Table on Tesla Stock
- ‘Breath of Fresh Air,’ Says Daniel Ives About Rivian Stock
- ‘It’s Not Too Late to Load Up,’ Says Analyst About Nvidia Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
