360 Security Technology Third Quarter 2024 Earnings: CN¥0.029 loss per share (vs CN¥0.02 loss in 3Q 2023)

360 Security Technology (SHSE:601360) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥1.92b (down 14% from 3Q 2023).
• Net loss: CN¥237.7m (loss widened by 73% from 3Q 2023).
• CN¥0.029 loss per share (further deteriorated from CN¥0.02 loss in 3Q 2023).

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

360 Security Technology Earnings Insights

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in China.

Performance of the Chinese Software industry.

The company's shares are up 14% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for 360 Security Technology you should know about.

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