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FLYHT Aerospace Solutions Full Year 2023 Earnings: Misses Expectations
FLYHT Aerospace Solutions (CVE:FLY) Full Year 2023 Results
Key Financial Results
- Revenue: CA$20.1m (down 16% from FY 2022).
- Net loss: CA$4.05m (loss widened by 304% from FY 2022).
- CA$0.10 loss per share (further deteriorated from CA$0.026 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
FLYHT Aerospace Solutions Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 25%.
The company's shares are down 16% from a week ago.
Risk Analysis
It is worth noting though that we have found 3 warning signs for FLYHT Aerospace Solutions (1 doesn't sit too well with us!) that you need to take into consideration.
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About TSXV:FLY
FLYHT Aerospace Solutions
FLYHT Aerospace Solutions Ltd. provides real-time communications with aircrafts for the aerospace industry.
Good value with adequate balance sheet.