XBP Europe Holdings, Inc. Reports Third Quarter 2024 Results

Third Quarter Highlights Revenue of $35.4 million, decrease of 5.6% year-over-year and increase of 5.5% sequentiallyGross margin increased to 32.6%, a 800 bps increase year-over-year and 1,300 bps increase sequentiallyOperating profit of $2.5 million, an increase of $2.2 million year-over-year and $3.8 million sequentiallyNet loss of $2.8 million includes $0.7 million of FX losses, a decrease of $0.1 million year-over-year and $2.0 million sequentiallyAdjusted EBITDA from continuing operations of $4.8 milli ...