Lyntris Shares Jump After Q3 Results Top Estimates
MT newswire2026/11/05 19:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:28 PM EST, 11/05/2026 (MT Newswires) -- Lyntris Inc (LYNX) shares rose 27% in Thursday trading, a day after the company reported Q3 results that topped Wall Street estimates. In the three months ended Sept. 30, adjusted earnings increased to $0.15 per diluted share from $0.02 a year earlier. Analysts polled by FactSet expected $0.08. Revenue rose to $194.4 million from $102.1 million a year earlier. Analysts projected $136.9 million. The company expects full-year revenue of $623 million to $630 million. Analysts project $612.6 million. Raymond James upgraded Lyntris stock to strong buy from outperform. Price: 11.95, Change: +2.56, Percent Change: +27.26
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