French tech company Atos issues new profit warning, causing its shares to slump

By Cory Maki Cory Maki has been verified by Muck Rack's editorial team
Updated on November 22, 2022
Published by
Reuters UK

PARIS (Reuters) -French technology consulting company Atos issued a profit warning on Monday, its second in seven months, causing its shares to slump to their lowest level since around mid-2012. The company’s latest profit warning also came just several days after its new CEO Rodolphe Belmer, appointed in October, officially took over the reins. Atos shares plunged by 15% in early session trading. Atos said its financial objectives stated in July could not be met, due both to delays on deals with customers and to lower margins at its hardware and software resales unit. “I joined the company la…

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By Cory Maki Cory Maki has been verified by Muck Rack's editorial team

Cory Maki is a former Staff Editor and the Business Development Manager at Grit Daily.

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