NFON Third Quarter 2024 Earnings: EPS: €0.056 (vs €0.028 in 3Q 2023)

NFON (ETR:NFN) Third Quarter 2024 Results

Key Financial Results

• Revenue: €22.1m (up 7.9% from 3Q 2023).
• Net income: €799.0k (up 74% from 3Q 2023).
• Profit margin: 3.6% (up from 2.2% in 3Q 2023).
• EPS: €0.056 (up from €0.028 in 3Q 2023).

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

NFON Earnings Insights

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany.

Performance of the German Telecom industry.

The company's shares are down 8.1% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for NFON you should know about.

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