Lumibird shares rise as Q3 revenue climbs

** Shares in French laser technology company Lumibird LBIRD rise 2.4% after it reported an 11.1% revenue growth yoy in the third quarter of the year

** The group's Q3 revenue came in at 48.3 million euros ($56.33 million) from 43.5 million euros a year ago

** "Momentum grew quarter after quarter, driven by the Defence/Space division, positioning Lumibird among the fastest-growing players in the sector," Midcap Partners says in a note

** The company added it was expecting a usual "very high level of activity" in the last quarter of the year

** Shares in Lumibird reached their highest price in a week

($1 = 0.8575 euros)