Stock Analysis
- Germany
- /
- Interactive Media and Services
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- XTRA:NWO
New Work First Quarter 2024 Earnings: €3.01 loss per share (vs €1.25 profit in 1Q 2023)
New Work (ETR:NWO) First Quarter 2024 Results
Key Financial Results
- Revenue: €77.1m (down 7.6% from 1Q 2023).
- Net loss: €16.9m (down by 340% from €7.04m profit in 1Q 2023).
- €3.01 loss per share (down from €1.25 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
New Work Earnings Insights
Looking ahead, revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Interactive Media and Services industry in Europe are expected to grow by 9.8%.
Performance of the market in Germany.
The company's shares are down 3.5% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with New Work, and understanding them should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if New Work 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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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.
About XTRA:NWO
New Work
Operates professional networking platforms in Germany, Austria/Switzerland, and internationally.
Excellent balance sheet with moderate growth potential.