Why IHS Holding Stock Won the Market on Wednesday

Investors heard the call of telecom infrastructure specialist IHS Holding (NYSE: IHS) on Wednesday. On the back of its latest set of quarterly figures, they bid the company's shares up almost 2% that trading session. This was more than good enough to beat the S&P 500's (SNPINDEX: ^GSPC) increase of 0.1%.For its third quarter, IHS's revenue topped $455 million, representing a year-over-year gain of more than 8%. In a more dramatic development, the company flipped hard into profitability on the bottom line, with a surplus of more than $147 million ($0.44 per share) against the third-quarter 2024 loss of almost $206 million.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool