PowerBand Solutions Third Quarter 2023 Earnings: CA$0.006 loss per share (vs CA$0.012 loss in 3Q 2022)

PowerBand Solutions (CVE:PBX) Third Quarter 2023 Results

Key Financial Results

• Revenue: CA$555.4k (down 73% from 3Q 2022).
• Net loss: CA$1.79m (loss narrowed by 50% from 3Q 2022).
• CA$0.006 loss per share (improved from CA$0.012 loss in 3Q 2022).

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

PowerBand Solutions' share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 6 warning signs with PowerBand Solutions (at least 5 which are significant), and understanding them should be part of your investment process.

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