Quisitive Technology Solutions First Quarter 2024 Earnings: US$0.003 loss per share (vs US$0.006 loss in 1Q 2023)
Quisitive Technology Solutions (CVE:QUIS) First Quarter 2024 Results
Key Financial Results
- Revenue: US$29.9m (down 38% from 1Q 2023).
- Net loss: US$1.18m (loss narrowed by 49% from 1Q 2023).
- US$0.003 loss per share (improved from US$0.006 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Quisitive Technology Solutions Earnings Insights
Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Software industry in Canada.
Performance of the Canadian Software industry.
The company's shares are up 2.9% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Quisitive Technology Solutions that you should be aware of.
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Discover if Quisitive Technology Solutions might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TSXV:QUIS
Quisitive Technology Solutions
Through its subsidiaries, provides Microsoft solutions primarily in North America and South Asia.
Flawless balance sheet and undervalued.