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Multilaser Industrial Second Quarter 2024 Earnings: Revenues Beat Expectations
Multilaser Industrial (BVMF:MLAS3) Second Quarter 2024 Results
Key Financial Results
- Revenue: R$884.9m (down 11% from 2Q 2023).
- Net loss: R$52.2m (down by 220% from R$43.5m profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Multilaser Industrial Revenues Beat Expectations
Revenue exceeded analyst estimates by 6.3%.
Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Global Tech industry.
Performance of the market in Brazil.
The company's shares are down 16% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Multilaser Industrial that you need to be mindful of.
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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.
About BOVESPA:MLAS3
Multilaser Industrial
Develops, manufactures, distributes, and sells electronic products in Brazil.
Reasonable growth potential with adequate balance sheet.