Innio Posts $111 Million Q3 Profit, Beats Analyst Estimates on $1.17 Billion Revenue

Innio NV (INIO) reported third-quarter earnings of $111 million, or 15 cents per share, surpassing the 11-cent average estimate from three analysts surveyed by Zacks Investment Research. The Munich-based power generation equipment and services company posted revenue of $1.17 billion for the period. Innio expects full-year revenue in the range of $3.9 billion to $4 billion.