Xbp europe holdings, inc. reports third quarter 2024 results

Third quarter highlights revenue of $35.4 million, decrease of 5.6% year-over-year and increase of 5.5% sequentially gross margin increased to 32.6%, a 800 bps increase year-over-year and 1,300 bps increase sequentially operating profit of $2.5 million, an increase of $2.2 million year-over-year and $3.8 million sequentially net loss of $2.8 million includes $0.7 million of fx losses, a decrease of $0.1 million year-over-year and $2.0 million sequentially adjusted ebitda from continuing operations of $4.8 million, an increase of $2.6 million year-over-year and $3.6 million sequentially announced plans to divest on-demand printing operation london and santa monica, calif., nov. 12, 2024 (globe newswire) -- xbp europe holdings, inc. (“xbp europe” or “the company”) (nasdaq: xbp), a pan-european integrator of bills, payments, and related solutions and services seeking to enable the digital transformation of its clients, announced today its financial results for the quarter ended september 30, 2024.
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