Stock Analysis

Pluribus Technologies Full Year 2023 Earnings: Misses Expectations

TSXV:PLRB
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Pluribus Technologies (CVE:PLRB) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$36.8m (down 3.5% from FY 2022).
  • Net loss: CA$15.7m (loss widened by 78% from FY 2022).
  • CA$0.99 loss per share (further deteriorated from CA$0.56 loss in FY 2022).
earnings-and-revenue-growth
TSXV:PLRB Earnings and Revenue Growth May 1st 2024

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

Pluribus Technologies Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 105%.

The company's shares are down 22% from a week ago.

Risk Analysis

Be aware that Pluribus Technologies is showing 3 warning signs in our investment analysis and 2 of those shouldn't be ignored...

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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.