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SimCorp A/S

SICRF•PNK
Technology
Software - Application
$103.00
$-4.00(-3.74%)
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The company's financials show resilient growth, with revenue advancing from $124.18M in Q3 2022 to $131.59M in Q2 2023. Gross profit remained healthy with margins at 53% in Q2 2023 compared to 54% in Q3 2022. Operating income hit $15.20M last quarter, sustaining a consistent 12% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $18.91M. Net income dropped to $10.58M, while earnings per share reached $0.27. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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