Nanalysis Scientific Third Quarter 2024 Earnings: CA$0.02 loss per share (vs CA$0.062 loss in 3Q 2023)

Nanalysis Scientific (CVE:NSCI) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$10.6m (up 50% from 3Q 2023).
• Net loss: CA$1.64m (loss narrowed by 74% from 3Q 2023).
• CA$0.02 loss per share (improved from CA$0.062 loss in 3Q 2023).

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

Nanalysis Scientific Earnings Insights

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 33% growth forecast for the Medical Equipment industry in Canada.

Performance of the Canadian Medical Equipment industry.

The company's shares are down 11% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Nanalysis Scientific (1 is significant!) that you should be aware of before investing here.

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