Multilaser Industrial Third Quarter 2023 Earnings: Revenues Miss Expectations

Multilaser Industrial (BVMF:MLAS3) Third Quarter 2023 Results

Key Financial Results

• Revenue: R$883.8m (down 21% from 3Q 2022).
• Net loss: R$212.2m (down by 410% from R$68.6m profit in 3Q 2022).

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

Multilaser Industrial Revenues Disappoint

Revenue missed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Global Tech industry.

Performance of the market in Brazil.

The company's shares are up 6.4% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Multilaser Industrial has 2 warning signs we think you should be aware of.

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