- Solutions by STC reported a third-quarter profit of 417 million riyals.
- The profit fell short of the estimated 445.6 million riyals.
- Revenue for the quarter reached 3.10 billion riyals, exceeding the estimate of 3.04 billion riyals.
- Operating profit was 462 million riyals, which was below the estimated 473.8 million riyals.
- Investor sentiment included 14 buy recommendations, 2 hold ratings, and 1 sell rating.
A look at Arabian Internet & Communica Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using Smartkarma Smart Scores have assessed Arabian Internet & Communications Services Company, known as Solutions by STC, with an overall positive outlook. With strong scores in Dividend, Growth, Resilience, and Momentum – all scoring 4 out of 5, the company appears well-positioned for long-term success. Although the Value score is slightly lower at 2, the company’s focus on providing information technology services, cybersecurity, connectivity, cloud solutions, and IoT digital solutions in Saudi Arabia demonstrates a commitment to innovation and market relevance.
Arabian Internet & Communications Services Company, operating as Solutions by STC, stands out for its solid performance across various key metrics according to the Smartkarma Smart Scores. The company’s high scores in Dividend, Growth, Resilience, and Momentum indicate a promising future. With a range of IT services catering to both public and private sectors in Saudi Arabia, including cybersecurity, system integration, and business outsourcing, Solutions by STC seems well-equipped to capitalize on growth opportunities in the evolving digital landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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