Stock Analysis

C-Com Satellite Systems First Quarter 2024 Earnings: EPS: CA$0.009 (vs CA$0.004 loss in 1Q 2023)

TSXV:CMI
Source: Shutterstock

C-Com Satellite Systems (CVE:CMI) First Quarter 2024 Results

Key Financial Results

  • Revenue: CA$2.63m (up 284% from 1Q 2023).
  • Net income: CA$391.2k (up from CA$176.1k loss in 1Q 2023).
  • Profit margin: 15% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue.
  • EPS: CA$0.009 (up from CA$0.004 loss in 1Q 2023).
earnings-and-revenue-history
TSXV:CMI Earnings and Revenue History April 18th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

C-Com Satellite Systems shares are up 4.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - C-Com Satellite Systems has 3 warning signs (and 2 which don't sit too well with us) we think you should know about.

Valuation is complex, but we're helping make it simple.

Find out whether C-Com Satellite Systems is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About TSXV:CMI

C-Com Satellite Systems

C-Com Satellite Systems Inc. develops and deploys commercial grade mobile auto-deploying satellite-based technology for the delivery of two-way high-speed Internet, VoIP, and video services into vehicles in Canada, Europe, the United States, Asia, the Kingdom of Saudi Arabia, Kazakhstan, and internationally.

Flawless balance sheet with proven track record.