BUZZ-SES jumps as it posts Q3 beat, aims for top end of 2024 guidance ranges

Reuters
2024-11-07
BUZZ-SES jumps as it posts Q3 beat, aims for top end of 2024 guidance ranges

** Shares in satellites group SES SESFg.LU jump over 5% after it posted Q3 revenue and core profit beat, adding it now aims for the top end of its FY guidance ranges

** Q3 revenue came at 497 million euros ($534.72 million), topping the 486 million seen in company-compiled consensus

** Quarterly adjusted EBITDA of 250 million euros was also above the 237 million seen in consensus

** JP Morgan notes positive outlook commentary and expects small upgrades to consensus

** Top of France's SBF 120 Index .SBF120

($1 = 0.9295 euros)

(Reporting by Michal Aleksandrowicz)

((michal.aleksandrowicz@tr.com))

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