Focus On Europe - Ingenico: The Panic Reaction After The Profit Warning Was Unwarranted [Seeking Alpha]
INGENICO GROUP AMERICAN DEPOSITARY RECEIPTS - UNSP (INGIY)
NASDAQ:AMEX Investor Relations:
ingenico.com/finance/ingenico-group-at-a-glance
Company Research
Source: Seeking Alpha
Focus On Europe - Ingenico: The Panic Reaction After The Profit Warning Was Unwarranted Summary Ingenico's share price is now trading higher than before its profit warning in January. The results were clearly weaker than originally expected and anticipated, but there was no reason to panic. The European Commission has raided a bunch of Salmon farmers in a cartel investigation. by The Investment Doctor Introduction In this edition of Focus on Europe, we will have closer look at Ingenico, the French payment systems operator Natixis ( OTCPK:NTXFF If you missed the previous edition of Focus on Europe wherein Burberry ( OTCPK:BURBY re-read it right here Revisiting Ingenico After seeing Ingenico's ( OTC:INGIF OTCPK:INGIY (ING on Euronext Paris) market's reaction was too harsh Source: Yahoo Finance And indeed. Just a month after the profit warning, the share price is trading 10% above the level it was trading before the warning. The full-year results are now out had already warned us EBITDA
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