Coveo Solutions Full Year 2024 Earnings: EPS Beats Expectations

Coveo Solutions (TSE:CVO) Full Year 2024 Results

Key Financial Results

• Revenue: US$126.1m (up 13% from FY 2023).
• Net loss: US$23.6m (loss narrowed by 41% from FY 2023).
• US$0.23 loss per share (improved from US$0.38 loss in FY 2023).

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

Coveo Solutions EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are down 10% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Coveo Solutions that you should be aware of.

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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.