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Aker Solutions Posts Upbeat Q3 Profit

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Aker Solutions ASA (OTC: AKKVF) posted better-than expected Q3 net profit.

Aker Solutions' quarterly net profit fell to NOK549 million, from NOK1.12 billion, in the year-ago quarter.

Its revenue rose to NOK11.16 billion, from NOK8.56 billion. However, analysts were expecting a net profit of NOK523.1 million on revenue of NOK11.06 billion.

Aker Solutions' EBIT surged to NOK834 million, from NOK129 million.

Posted-In: profitEarnings News

 

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