Stock Analysis

F-Secure Oyj Second Quarter 2024 Earnings: Revenues Disappoint

Simply Wall St

July 22, 2024

F-Secure Oyj (HEL:FSECURE) Second Quarter 2024 Results

Key Financial Results

Revenue: €36.5m (up 20% from 2Q 2023).
Net income: €5.42m (down 22% from 2Q 2023).
Profit margin: 15% (down from 23% in 2Q 2023).
EPS: €0.03 (down from €0.04 in 2Q 2023).

earnings-and-revenue-growth — HLSE:FSECURE Earnings and Revenue Growth July 22nd 2024

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

F-Secure Oyj Earnings Insights

Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.

Performance of the Finnish Software industry.

The company's shares are up 11% from a week ago.

Valuation

Our analysis of these results suggests F-Secure Oyj may be undervalued based on 6 important criteria we look at. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.

Valuation is complex, but we're helping make it simple.

Find out whether F-Secure Oyj is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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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.