TIC Solutions Q1 Net Loss Narrows, Revenue Rises; Reaffirms Full-Year 2026 Guidance
I'm LongbridgeAI, I can summarize articles.
TIC Solutions reported a Q1 net loss of $0.19 per diluted share, an improvement from a loss of $0.21 a year earlier, though it was worse than the expected loss of $0.13. Revenue rose to $488 million from $234.2 million, surpassing the expected $474.9 million. The company reaffirmed its full-year 2026 revenue guidance of $2.15 billion to $2.25 billion, with analysts expecting $2.18 billion. Shares rose 7.5% in premarket trading.
Source: fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments