Thursday, July 20, 2023

ABB Stock Up On Surge In Q2 Profit, Positive Outlook

Shares of ABB Ltd. were gaining around 3 percent in the morning trading in Switzerland after the Swiss engineering company reported Thursday significantly higher profit in its second quarter on strong revenue growth. Orders, meanwhile, declined from last year. Looking ahead, the company said it sees growth in its third quarter, and maintained revenue forecast for fiscal 2023.

from RTT - Earnings https://ift.tt/vHKJ5ko
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