Aeries Technology (AERT) Achieves Q3 Profitability Turnaround With Record EBITDA Growth

Aeries Technology Inc. (NASDAQ:AERT) is one of the best up and coming penny stocks to buy. On February 9, Aeries Technology reported its FQ3 2026 earnings results, highlighting a turnaround in profitability despite flat year-over-year revenue of $17.5 million. The company achieved an Adjusted EBITDA of $2.5 million, an improvement from the $2 million loss recorded in the same period last year.

The company’s CEO attributed the results to disciplined cost management, scaled Global Capability Center/GCC operations, and the increasing adoption of AI and automation across their client base. The company’s delivery teams in India and Mexico have maintained high utilization and stability, earning a third ‘Great Place to Work’ certification. The CEO noted that several recently signed multi-year contracts are currently in their ramp-up phase, which is expected to provide more meaningful contributions to the company’s financial health as they move toward a steady state in the coming year.

Aeries Technology (AERT) Achieves Q3 Profitability Turnaround With Record EBITDA Growth

Looking forward, Aeries Technology Inc. (NASDAQ:AERT) provided strong guidance for FY2027, projecting revenue between $80 and $84 million and Adjusted EBITDA between $10 and $12 million. The CFO emphasized that this outlook is anchored by already signed multi-year contracts and maturing AI implementations. Additionally, the company raised its FY2026 Adjusted EBITDA guidance to a range of $7 to $8 million.

Aeries Technology Inc. (NASDAQ:AERT) provides professional and technology consulting services in North America, the Asia Pacific, and internationally.

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