logo
Plus   Neg
Share
Email

QinetiQ Says It Continues Strong Performance Through Q3

QinetiQ Group plc (QQ.L), on Wednesday, said it continued to deliver strong performance through the third quarter. Further, the company stated that it is on-track for its "fifth consecutive year of organic growth" and continues to maintain its full-year guidance.

QinetiQ added that it remains cautious and alert to the changing COVID-19 environment. The company's EMEA Services continued to have good momentum in the third quarter with very limited impact from COVID-19, as the division benefits from long-term contracts and delivers work that is critical to sovereign defence capabilities. The company expects good organic revenue growth in EMEA Services for the year.

Global Products has continued to show top line growth in the third quarter, driven by the contribution of the company's advanced sensing solutions business.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Church & Dwight Co., Inc. is recalling select vitafusion gummy products due to isolated manufacturing issue, the U.S. Food and Drug Administration said. The recall was initiated after the company's investigation of two consumer reports identified the possible presence of a metallic mesh material in product lots manufactured in a four-day period between October 29 and November 3, 2020. Shares of Netflix Inc. (NFLX) tanked 10% in extended trading session on Tuesday after the online-video streaming giant's first-quarter subscriber additions fell short of expectations. Netflix added 3.98 million subscribers globally in the quarter, far below its forecast of 6.00 million, to end the... Tech giant Apple Inc. (AAPL) on Tuesday held its first product launch event of the year and unveiled new iMac and iPad Pro, which are powered by the latest M1 chips. The Cupertino, California-based company also unveiled AirTag, a lost-device tracking gadget, and an upgraded Apple TV 4K with a new...
RELATED NEWS
Follow RTT