IBEX Shares Jump After Fiscal Q4 Adjusted Earnings, Revenue Rise
IBEX (IBEX) shares were up nearly 18% in recent trading on Friday, a day after the company reported an increase in fiscal Q4 adjusted earnings and revenue.
The company reported fiscal Q4 adjusted earnings late Thursday of $0.58 per diluted share, up from $0.33 a year earlier. Two analysts polled by Capital IQ expected $0.53.
Revenue for the quarter ended June 30 rose to $124.5 million from $124.4 million a year earlier. Two analysts surveyed by Capital IQ expected $122.3 million.
The company said it expects fiscal Q1 revenue in the range of $124 million to $126 million. Two analysts polled by Capital IQ expect $125.2 million.
For fiscal 2025, the company expects revenue in the range of $510 million to $525 million. Two analysts surveyed by Capital IQ expect $518.4 million.
Price: 19.72, Change: +2.99, Percent Change: +17.87
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.