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Ferrari has raised its outlook and reported strong financial results for the third quarter of 2023. The luxury carmaker saw a 26% increase in revenue and a 9% increase in car deliveries. Shipments of limited-edition models, such as the $2.1 million Daytona SP3, boosted the company's profit. Ferrari's order book remains at its highest levels, reflecting strong demand across all geographies. The company's CEO, Benedetto Vigna, stated that the order book covers the entire year 2025. Ferrari is also ahead of schedule in developing its first fully electric car, which is expected to be unveiled in late 2025.
The all-electric race boat taking its inspiration from Formula 1 https://t.co/oX5wjwU2eE
Ferrari says its first electric vehicle is ahead of schedule after a big step forward in Q3 https://t.co/WljRrDff0d by @EVPeteJohnson https://t.co/QlkukNuaRp
Ferrari is making big money on a very unusual new type of vehicle https://t.co/GymdMTNMtO
#F1 has released its third-quarter financial results showing a 24% revenue increase from the same period in 2022. Full story here ⬇️ https://t.co/0elzIr0ueV
FERRARI DEPLOYS ELECTRONIC DEVICE TESTING TECHNIQUE TO SPEED EV CAR DEVELOPMENT (Reuters) Ferrari is relying on a technique normally used for tests of electronic devices to accelerate the development of its first fully electric car, which is expected in late 2025. https://t.co/7sXVXNyUxN
Ferrari raises its outlook as shipments of limited-edition models such as $2.1 million Daytona SP3 boosts third-quarter profit https://t.co/w4HgaShTXC
Ferrari shifts up targets after ‘record quarter’ https://t.co/L9dAiJHNQI
Ferrari is ahead of schedule in fine-tuning the components for its latest fully electric prototype, as the Italian manufacturer prepares to unveil its first battery-powered supercar in late 2025 https://t.co/rHkaSZcEnb
An electric version of the classic '60s Mini Moke is coming https://t.co/Js7IXkowJi
Ferrari sees strong demand stretching into the distance https://t.co/4FuAPF6SYw https://t.co/J7hDILFuTJ
Ferrari raises its outlook as shipments of limited-edition models such as $2.1 million Daytona SP3 boosts third-quarter profit https://t.co/LYuW41fFMy
$RACE.MI $RACE #luxury #Ferrari Q3 revenue up +23.5%, EBITDA up +37%, adj dil EPS up +48%, raises FY-23 guidance, order book full out to end-2025... https://t.co/hvy9UP23ne.. ...and stock prints new #alltimehighs today. https://t.co/UgGZl2Nc28
Ferrari reports +26% revenue growth on 9% increase in car deliveries #pricingpower
⚠️ FERRARI DEPLOYS ELECTRONIC DEVICE TESTING TECHNIQUE TO SPEED EV CAR DEVELOPMENT Full Story → https://t.co/fUsVKl4gAW https://t.co/MQEGDgFC5x
FERRARI REPORTED EARNINGS TODAY $RACE *FERRARI 3Q REVENUE EU1.54B, EST. EU1.47B ( BEAT ✅ ) *FERRARI 3Q ADJ. EPS EU1.82, EST. EU1.61 ( BEAT ✅ ) *FERRARI BEATS AND RAISES FULL YEAR GUIDANCE https://t.co/RvjTxI9E7E
Ferrari raises its outlook as shipments of limited-edition models such as $2.1 million Daytona SP3 boosts third-quarter profit https://t.co/sKqRNckwep
Ferrari again raises guidance as customers opt for high-priced, personalized sports cars https://t.co/bqMaUgF3ky
Ferrari raises its outlook as shipments of limited-edition models such as $2.1 million Daytona SP3 boosts third-quarter profit https://t.co/UJGnylrZ1x
$RACE Ferrari beats, raises guidance. "The order book remains at highest levels reflecting strong demand across all geographies, covering the entire 2025,” said Benedetto Vigna, Ferrari Chief Executive Officer." +2% pre market https://t.co/CfIRqtEwQH
Looks like high-end car market is holding strong https://t.co/Yn2eFxifmy