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Innio: Q3 Earnings Snapshot
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MUNICH (AP) — MUNICH (AP) — Innio NV (INIO) on Tuesday reported third-quarter earnings of $111 million.

The Munich-based company said it had net income of 15 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The power generation equipment and services company posted revenue of $1.17 billion in the period.

Innio expects full-year revenue in the range of $3.9 billion to $4 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INIO at https://www.zacks.com/ap/INIO

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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