trending Market Intelligence /marketintelligence/en/news-insights/trending/8RvagJzT28O0P3DIbeX1DA2 content esgSubNav
In This List

Amadeus IT Group profit misses consensus by 19.1% in Q3

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Amadeus IT Group profit misses consensus by 19.1% in Q3

Amadeus IT Group SA said its third-quarter normalized net income amounted to 48 euro cents per share, compared with the S&P Capital IQ consensus estimate of 59 cents per share.

EPS rose 11.1% year over year from 43 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €208.8 million, an increase of 11.3% from €187.7 million in the prior-year period.

The normalized profit margin climbed to 17.5% from 16.9% in the year-earlier period.

Total revenue climbed 7.6% year over year to €1.20 billion from €1.11 billion, and total operating expenses increased 5.9% from the prior-year period to €849.7 million from €802.5 million.

Reported net income increased 12.6% on an annual basis to €246.3 million, or 56 cents per share, from €218.8 million, or 50 cents per share.