Stock Analysis

Infracommerce CXaaS Reports Second Quarter 2024 Earnings

Published
BOVESPA:IFCM3

Infracommerce CXaaS (BVMF:IFCM3) Second Quarter 2024 Results

Key Financial Results

  • Revenue: R$265.1m (down 12% from 2Q 2023).
  • Net loss: R$1.54b (loss widened by R$1.48b from 2Q 2023).
BOVESPA:IFCM3 Earnings and Revenue Growth August 16th 2024

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

Infracommerce CXaaS Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Global Professional Services industry.

Performance of the market in Brazil.

The company's shares are down 38% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Infracommerce CXaaS (at least 3 which don't sit too well with us), and understanding these should be part of your investment process.

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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.