Theralase Technologies Second Quarter 2024 Earnings: CA$0.005 loss per share (vs CA$0.005 loss in 2Q 2023)

Theralase Technologies (CVE:TLT) Second Quarter 2024 Results

Key Financial Results

• Revenue: CA$100.8k (down 54% from 2Q 2023).
• Net loss: CA$1.13m (loss narrowed by 1.9% from 2Q 2023).
• CA$0.005 loss per share (in line with 2Q 2023).

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

Theralase Technologies Earnings Insights

Looking ahead, revenue is forecast to grow 69% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in North America.

Performance of the market in Canada.

The company's shares are down 7.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Theralase Technologies (1 is a bit unpleasant!) that you should be aware of.

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