Positivo Tecnologia Third Quarter 2024 Earnings: EPS: R$0.012 (vs R$0.19 in 3Q 2023)

Positivo Tecnologia (BVMF:POSI3) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$819.6m (down 3.5% from 3Q 2023).
• Net income: R$1.70m (down 94% from 3Q 2023).
• Profit margin: 0.2% (down from 3.2% in 3Q 2023).
• EPS: R$0.012 (down from R$0.19 in 3Q 2023).

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

Positivo Tecnologia Earnings Insights

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Global Tech industry.

Performance of the market in Brazil.

The company's shares are down 4.6% from a week ago.

Risk Analysis

Be aware that Positivo Tecnologia is showing 2 warning signs in our investment analysis and 1 of those is concerning...

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