NYSE:NIQMedia
NIQ (NIQ) Stock Jumps On Cash Flow Turn As Losses Deepen
NIQ Global Intelligence stock rose 41.9% to US$16.58 on Tuesday, a move that indicates traders liked what they saw in the Q2 print. The headline is simple: adjusted earnings per share came in at US$0.27 and adjusted earnings before interest, tax, depreciation and amortization margin reached 23.3%, while levered free cash flow turned positive at US$74.1m.
In the short term, the market is reacting to that profitability and cash story. Over the longer term, the key issue is how sustainable that...