U.S. Stock Market Movement | Vodafone rises over 4% in pre-market trading as full-year profit and cash flow expected to reach upper guidance range

GroLink News, July 27｜A certain exchange rose about 4.4% in pre-market trading, quoted at $15.81. In terms of news, the exchange announced its financial results for the first quarter ending June 30, with total revenue increasing by 9.7% year-on-year to 10.3 billion euros. Among these, service revenue rose by 9.8% year-on-year to 8.6 billion euros. Adjusted EBITDAaL increased by 6.7% year-on-year to 2.9 billion euros, benefiting from the growth in service revenue and improved operating leverage, with the adjusted EBITDAaL margin rising by 0.6 percentage points to 28.5%. For the full fiscal year, the exchange expects adjusted core earnings to reach 13 to 13.3 billion euros, and adjusted free cash flow to be between 2.6 and 2.9 billion euros. Both indicators are likely to reach the upper end of these ranges. This guidance upgrade mainly reflects the impact of consolidating Safaricom.