ARTNER shares jump 5% on strong Q1 results driven by robust demand for engineers
ARTNER CO.,LTD. <2163> shares extended gains amid active trading Wednesday. ARTNER announced its first-quarter consolidated financial results for the February-April period around 2:00 p.m. Revenue rose to 3.50 billion yen from 2.85 billion yen on a non-consolidated basis in the prior-year period, while operating profit came in at 632.00 million yen, compared with 518.00 million yen a year earlier. The earnings growth was driven by robust demand for engineers from automotive and semiconductor equipment manufacturers. Alongside an increase in headcount, the utilization rate remained high amid rising demand for technical personnel, expanding the active workforce. Buoyed by the solid earnings, the stock rallied as high as 1,997.00 yen, up 5.00% from Tuesday.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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