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Ferrari shares fell 3.2% in pre-market trading following the company's report of lower-than-expected Q3 net revenue.

Ferrari's CEO noted that revenue from personalizations has surpassed expectations since the 2022 plan, stressing the importance of earnings quality over revenue growth during a recent earnings call.

Ferrari is scheduled to report its latest financial results before the market opens.

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About FERRARI

Ferrari NV is a holding company, which engages in the design, engineering, production, and sale of luxury sports cars. The firm's models include the F12Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, the LaFerrari Hybrid, LaFerrari, and the FF four-wheel drive. It participates in car racing such as Formula One. The company was founded by Enzo Anselmo Ferrari in 1939 and is headquartered in Maranello, Italy.