Aeries Technology, Inc. (Nasdaq: AERT), a leading provider of global capability center (GCC) solutions, has reported its financial results for the third fiscal quarter of 2025, ending December 31, 2024. The company's strategic focus on serving high-quality, long-standing U.S. clients through GCCs has contributed to its strong performance, with North America revenue up 13.1% year-over-year.
Ajay Khare, CEO of Aeries Technology, commented on the results, "With the recent leadership changes, Aeries is strategically poised for the future, continuing our focus on serving high-quality, long-standing U.S. clients through Global Capability Centers. We believe this clear direction, supported by a realigned cost structure and a robust team, firmly positions us for a return to profitable growth in both cash flow and Adjusted EBITDA. As we capitalize on new opportunities and strengthen our presence in the North American market, we are confident in our ability to drive sustained success and operational excellence."
The company's financial outlook for fiscal year 2025 reiterates its guidance for revenue between $71 million and $73 million, and core adjusted EBITDA between $6 million and $7 million. Additionally, Aeries Technology has introduced its fiscal year 2026 outlook, with expected revenues between $74 million and $80 million and Adjusted EBITDA between $6 million to $8 million. The company will host a conference call to discuss its financial results on Tuesday, February 18, 2025, at 8 AM ET.
In conclusion, Aeries Technology's strong Q3 2025 results, driven by North America revenue growth, reflect the company's strategic focus on serving high-quality, long-standing U.S. clients through GCCs. The company's realigned cost structure and robust team have supported its return to profitable growth in both cash flow and Adjusted EBITDA. With a positive outlook for fiscal years 2025 and 2026, Aeries Technology is well-positioned for continued success in the global GCC solutions market.
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