Viridien Reports Strong Q3 and 9M 2024 Financial Results
Viridien has announced its Q3 and 9M 2024 results, with revenue of $246m and $778m respectively, and adjusted EBITDA of $98m. The company reported a net cash flow of $10m for Q3 and $34m for 9M, compared to -$15m in 9M 2023. The company's financial roadmap for 2024-25 includes expected revenue in line with 2023, an EBITDA positively impacted by business mix, Earth Data cash capex of $230-250m, and a net cash flow similar to 2023. The company's CEO, Sophie Zurquiyah, stated that the results demonstrate the strength of Viridien's strategic vision and that the company is on track to achieve its full-year targets.
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