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Fujitsu Reports Strong Profit Growth Despite Revenue Dip
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Fujitsu Reports Strong Profit Growth Despite Revenue Dip

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Invest with Confidence:

An announcement from Fujitsu ( (JP:6702) ) is now available.

Fujitsu reported its financial results for the nine months ending December 31, 2024, showing a slight decrease in revenue by 0.8% compared to the previous year. However, it achieved substantial growth in operating and net profits, with operating profit increasing by 169.2% and profit attributable to owners rising by 248.2%. The company also finalized provisional accounting treatments for a business combination and implemented a stock split, influencing earnings per share calculations. The announcement reflects Fujitsu’s strategic adjustments and financial resilience amid market challenges, potentially strengthening its position in the IT industry.

More about Fujitsu

Fujitsu Limited is a multinational information technology equipment and services company, headquartered in Tokyo, Japan. It primarily focuses on providing IT services, computing products, and microelectronics, catering to a global market with a significant presence in technology solutions.

YTD Price Performance: 4.40%

Average Trading Volume: 5,347

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $33.46B

See more insights into 6702 stock on TipRanks’ Stock Analysis page.

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