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ESPOO, Finland -
(BUSINESS WIRE)--Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced today its financial results for the quarter ended September 30, 2024.

Key highlights of the third quarter financial results:

Positive free cash flow EUR 1.7 (-7.9) million, second quarter of positive free cashflow
Foreign exchange gains EUR 0.3 (-1.9) million.
Net income for the period EUR 4.1 (3.2) million.
Gross cash inflow from operating activities EUR 5.5 (1.2) million, an increase of +358% year on year
Earnings per share EUR 0.24 (0.01*).
Order book at the end of the period EUR 75.1 (78.0) million.
* On 19 April 2024, Tecnotree executed a reverse split, i.e. the reduction of the number of shares where every 20 old shares in the company corresponds to one new share.

Commenting on the results for the third quarter of 2024, Padma Ravichander, Tecnotree CEO, stated, “Te ... Read more »

Views: 66 | Added by: africa-live | Date: 10.26.2024 | Comments (0)

 

 

 

 

 FRANKFURT, Germany - Thursday, 24. October 2024 AETOSWire


    Official launch of the “Access to Health” initiative announced at the World Stroke Congress by WSO President, Dr. Sheila Martins
    Partnership aims to reduce healthcare disparities with pilot projects in Nigeria and Tanzania
    Project leaders and healthcare professionals convene to discuss next steps and project execution

 

(BUSINESS WIRE) -- Today, at the annual World Stroke C ... Read more »

Views: 12 | Added by: africanewsline | Date: 10.26.2024 | Comments (0)

New Experience Zone in LTTS’ Bengaluru, India design hub will cater to clients in the Mobility and Tech segments

 

(BUSINESS WIRE)--L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global digital engineering and R&D services company, is proud to announce the grand opening of its state-of-the-art LTTS Experience Zone at its design hub in Bengaluru benefitting customers in segments like Mobility and Tech. This AI-driven LTTS Experience Zone, leveraging the NVIDIA AI platform, is set to serve clients in the Mobility and Tech segments.

The LTTS Experience Zone offers an immersive environment where visitors can engage with live demonstrations, interactive displays and expert consultations. It showcases the transformative power of NVIDIA AI, pushing the boundaries of AI-driven technologies to address complex challenges in critical sectors.

In healthcare, LTTS' Software Defined Architectures, powered by NVIDIA Holos ... Read more »

Views: 67 | Added by: africa-live | Date: 10.26.2024 | Comments (0)