🟢 SES is trading 5.68% up today after beating Q3 earnings expectations

SES is trading at €4.49, up 5.68%, after beating third-quarter revenue and EBITDA expectations driven by strong defense and mobility growth.

• The company reported quarterly revenue of €870 million and adjusted EBITDA of €413 million, significantly outperforming analyst estimates of €832 million and €367 million, respectively.
• Management reiterated its full-year financial outlook and lowered its capital expenditure guidance to approximately €600 million.