Shares of Enfusion, Inc. (ENFN) are rising more than 12% Tuesday morning after the company turned to profit in the fourth quarter.
Enfusion reported a profit of $788000 or $0.01 per share in the fourth quarter, compared with loss of $293.89 million or $2.26 per share in the same quarter a year ago.
Quarterly revenue increased 27.2% year-on-year at $40.52 million.
Analysts on average, polled by Thomson-Reuters expected the company to report earnings of $0.03 per share on revenue of $40 million.
Looking forward to the full year, revenue is expected between $185 million and $190 million.
ENFN is at $11.34 currently. It has traded in the range of $7.80-$16.76 in the last year.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.