Infrastrutture Wireless Italiane S.p.a.MIL: INW

INW: Revenue and margin growth continue, but guidance shifts lower amid delayed densification projects

· Issued by Infrastrutture Wireless Italiane S.p.a.

Revenue and net income grew 4.1% and 5.9% year-over-year, respectively, with strong cash flow and margin expansion. Guidance was revised to the low end due to delayed non-committed revenues, but over half of future growth remains contractually secured.

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