VITA 34 Third Quarter 2023 Earnings: €0.10 loss per share (vs €0.02 loss in 3Q 2022)

VITA 34 (ETR:V3V) Third Quarter 2023 Results

Key Financial Results

• Revenue: €20.4m (up 9.4% from 3Q 2022).
• Net loss: €1.62m (loss widened by €1.41m from 3Q 2022).
• €0.10 loss per share (further deteriorated from €0.02 loss in 3Q 2022).

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

VITA 34 Earnings Insights

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 1.6% decline forecast for the Healthcare industry in Germany.

Performance of the German Healthcare industry.

The company's shares are down 7.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for VITA 34 you should be aware of.

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