Movement Alert｜INNIO Holding GmBH Pre-Market Rise 5.06% in Pre-Market Trading, Q3 Results Beat Expectations and Revenue Outlook Was Raised

Market Focus10-28

On October 28, INNIO Holding GmBH rose 5.06% in Pre-Market Trading, trading at $17.679 per share with turnover of $222,700.

The move followed the company’s latest quarterly report, which showed adjusted EPS of $0.15 versus market expectations of $0.12, while revenue reached $1.168 billion, above the expected $1.046 billion.

INNIO Holding GmBH also raised its full-year revenue outlook to $3.9 billion to $4.0 billion from the prior $3.8 billion to $3.9 billion range. The updated range is above the consensus expectation of $3.87 billion, reinforcing expectations for continued growth in its distributed energy and services business.

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