Stock Analysis
Neogrid Participações First Quarter 2024 Earnings: R$0.015 loss per share (vs R$0.015 profit in 1Q 2023)
Neogrid Participações (BVMF:NGRD3) First Quarter 2024 Results
Key Financial Results
- Revenue: R$68.0m (down 2.7% from 1Q 2023).
- Net loss: R$3.41m (down by 198% from R$3.48m profit in 1Q 2023).
- R$0.015 loss per share (down from R$0.015 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Neogrid Participações Earnings Insights
Looking ahead, revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Global Software industry.
Performance of the market in Brazil.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for Neogrid Participações (1 makes us a bit uncomfortable!) that you need to take into consideration.
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About BOVESPA:NGRD3
Neogrid Participações
Develops, licenses, sells, and implements customized software for the management and synchronization of supply chains worldwide.
Adequate balance sheet and fair value.