Stock Analysis
- Denmark
- /
- Medical Equipment
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- CPSE:EMBLA
Embla Medical hf First Quarter 2024 Earnings: EPS: US$0.019 (vs US$0.024 in 1Q 2023)
Embla Medical hf (CPH:EMBLA) First Quarter 2024 Results
Key Financial Results
- Revenue: US$199.9m (up 10% from 1Q 2023).
- Net income: US$8.26m (down 15% from 1Q 2023).
- Profit margin: 4.1% (down from 5.4% in 1Q 2023). The decrease in margin was driven by higher expenses.
- EPS: US$0.019 (down from US$0.024 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Embla Medical hf Earnings Insights
Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Medical Equipment industry in Europe.
Performance of the market in Denmark.
The company's shares are up 3.0% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Embla Medical hf that you should be aware of before investing here.
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About CPSE:EMBLA
Embla Medical hf
Embla Medical hf., together with its subsidiaries, provides non-invasive orthopedic products in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.
Proven track record with mediocre balance sheet.