Embla Medical hf Third Quarter 2024 Earnings: EPS: US$0.051 (vs US$0.033 in 3Q 2023)

Embla Medical hf (CPH:EMBLA) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$213.5m (up 11% from 3Q 2023).
• Net income: US$21.9m (up 57% from 3Q 2023).
• Profit margin: 10% (up from 7.2% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$0.051 (up from US$0.033 in 3Q 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 8.6% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Medical Equipment industry in Europe.

Performance of the market in Denmark.

The company's shares are up 5.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Embla Medical hf has 1 warning sign we think you should be aware of.

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