LOGO
LOGO

Fuel Systems Solutions Rises On Q3 EPS News, Raises FY08 Revenue Forecast

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Fuel Systems Solutions (FSYS) reported third quarter earnings of $0.75 after the close on Thursday, compared to the consensus estimate of $0.26. The company also increased its full year 2008 consolidated revenue guidance to around $385 million.

Fuel Systems Solutions gapped up sharply Friday and climbed for the bulk of the session, to finish higher by $12.09 at $38.80 on strong volume. The stock closed at a 5-week high and re-crossed its 50-day moving average.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19