IONOS shares drop 4.5% as Q2 profit miss outweighs revenue beat

au.investing.com

IONOS Group SE shares fell 4.5% on Thursday after reporting second-quarter adjusted EBITDA of €127 million, missing analyst forecasts by roughly 5% despite beating revenue expectations. Second-quarter revenue reached €352.7 million, slightly above analyst estimates, and the company lifted its full-year currency-adjusted growth outlook to about 8% from 7%. However, investors focused on the profitability shortfall, raising questions about cost pressures and near-term earnings power. The decline followed a roughly 15% monthly share-price gain that left the stock priced for a clean beat. The NASDAQ traded modestly lower, and IONOS remains well below its 52-week high of €43.25.


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IONOS shares drop 4.5% as Q2 profit miss outweighs revenue beat | News Minimalist