Ekinops : Ekinops turns in further growth sequentially
>Q3 revenues at € 30.4m, up 9% YoY and up 4% sequentially - Ekinops reported yesterday after market close Q3 revenues of € 30.4m, up 9% on a reported basis and 10% cc, slightly ahead of our expectations (ODDO BHF € 30.0m). Revenues were up 4% vs Q2 2024. Ekinops delivered further sequential growth in 2024. The company reported 9m revenues of € 87.9m, down 11% YoY. This was mainly due to a 34% YoY decline in Transport. In addition to a tough comparison base (Q3 2024 +...Ekinops SA is a France-based company engaged in the provision of optical transport solutions for service providers and private networks. The Company develops optical aggregation and transportation sub-systems for metropolitan and long-distance networks. Its products include switching, routing and multi-protocol solutions; optical amplifiers, optical filters, as well as optical protection units, among others. Its system can be configured through a software download to manage the aggregation of multiprotocol services through integration of systems and functionalities, allowing systems to be used through a single protocol. Ekinops operates a network of business offices in Americas, Europe, the Middle East and Africa.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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