tiprankstipranks
Euglena’s Healthcare Gains Drive Q3 Results
Company Announcements

Euglena’s Healthcare Gains Drive Q3 Results

euglena Co., Ltd. (JP:2931) has released an update.

Don't Miss Our Christmas Offers:

Euglena Co., Ltd. saw a 3.5% rise in sales in the third quarter of FY2024, driven by a strong performance in the healthcare sector. Despite a decline in the biofuel business, the company’s adjusted EBITDA surged by 64%, indicating a potential for profitability by the end of the year. Strategic investments and partnerships are poised to support further growth and market expansion.

For further insights into JP:2931 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App