UL Solutions Inc. (NYSE: ULS) stock surged over 6% in pre-market trading on Tuesday after the company reported better-than-expected third-quarter results and raised its full-year revenue guidance.
The safety science company posted Q3 adjusted earnings of $0.49 per share, beating analysts' estimates of $0.39. Revenue grew 8.1% year-over-year to $731 million, also exceeding expectations of $708.7 million.
Notably, UL Solutions raised its outlook for fiscal 2024, now anticipating mid-to-high single-digit constant currency organic revenue growth, up from its previous guidance. The company also reiterated its expectation for an improved adjusted EBITDA margin and capital expenditures of 8.0% to 8.5% of revenue.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。