Bending Spoons S.p.A. Ordinary SharesQ2 revenue and adjusted operating income surged, with strong Q3 and full-year guidance, and a $1.10B IPO raised net proceeds.

Bending Spoons reported second-quarter revenue of $704 million, up 126% year over year, with adjusted operating income rising 150% to $381 million. The company also announced it has agreed to acquire Airtable for an enterprise value of $1.29 billion, following its completed acquisition of Tractive for $759 million. For the third quarter, Bending Spoons expects revenue between $733 million and $745 million and adjusted operating income between $380 million and $400 million. Full-year guidance calls for revenue of $2.78 billion to $2.82 billion and adjusted operating income of $1.46 billion to $1.51 billion, excluding any contribution from the pending Airtable deal. The company raised $1.10 billion in net proceeds from its July initial public offering and ended the quarter with net debt of $4.09 billion.
Bending Spoons S.p.A. Ordinary SharesQ2 revenue and adjusted operating income surged, with strong Q3 and full-year guidance, and a $1.10B IPO raised net proceeds.
CTO Realty Growth IncQ2 revenue and adjusted operating income surged, with strong Q3 and full-year guidance, and a $1.10B IPO raised net proceeds.
Bending Spoons agreed to acquire Airtable for $1.29 billion, a positive valuation event for Airtable.