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.

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.

While we acknowledge the potential of AERT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. Follow Insider Monkey on Google News.