XTRA:AADProfessional Services
Amadeus FiRe (XTRA:AAD) Stock Looks Cheap But Losses Deepen
Amadeus FiRe went into this earnings day with a stock that has been grinding lower, down roughly 8% over the past week and about 12% over three months, as investors questioned whether losses were getting sticky. The headline from Q2 is clear: revenue held at €82.3m, but the company reported another quarterly loss, with basic earnings per share at €0.53 in the red and net income excluding extra items also negative. For a stock trading on a low price to sales multiple and a substantial discount...