India, Nov. 12 -- Cancom SE (COK.DE), a German IT services firm, on Thursday, reported third quarter EBITDA that climbed year-over-year, despite lower revenue. The company lowered its revenue estimates, while maintaining EBITDA and EBITA forecast, for the full year 2026.
Gross profit amounted to 162.3 million euros, lower than 168.8 million euros, while the gross profit margin remained almost stable at 39.4 percent compared with the year-ago quarter's figure of 39.8 percent.
EBITDA for the period rose to 24.1 million euros from 27.1 million euros year ago. The corresponding margins were 5.9 percent and 6.4 percent, respectively.
The third quarter EBITA totaled 10.8 million euros as against the prior year comparative figure of 13.4 millio...