Finnish Qt Group shares surge 25% as Q2 profit and revenue beat forecasts

Qt Group shares jumped 25% after the Finnish software firm reported second-quarter results that beat analyst forecasts, driven by stronger-than-expected profit and revenue. EBITA reached €9.3 million, 39% above Inderes’ estimate, while net sales hit €61 million, about 8% higher than expected. Restructuring costs totaled €4.3 million during the quarter. The company kept its full-year guidance, and Inderes said the lower end looks very achievable. Savings from its cost program should boost second-half margins, potentially lifting full-year forecasts.