Melexis NV (GB:0FA0) has released an update.
Melexis NV reported stable Q3 2024 revenue at 247.9 million EUR, with a 1% sequential increase, though net profit fell 10% year-over-year. The company anticipates its full-year revenue to be lower than initially expected, revising forecasts to 935-945 million EUR, amidst steady investment plans and exchange rate considerations.
For further insights into GB:0FA0 stock, check out TipRanks’ Stock Analysis page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.