XTRA:ADN1IT
adesso (XTRA:ADN1) Stock Faces Fresh Scrutiny After Loss Deepens
adesso shareholders watched the stock close at €58.30 on Friday, capping a slightly softer week, just as Q2 landed with a jolt. The headline is not revenue, which stood at €411.344 million. It is the sharp swing into loss with basic earnings per share at €1.21 in the red and net income slipping to a loss of €8.087 million.
For a stock that has recently been framed around profitable trailing twelve month numbers and a P/E of 13.7x, this quarter prompts a reassessment of the time horizon...