QPR Software Oyj Third Quarter 2024 Earnings: Misses Expectations

QPR Software Oyj (HEL:QPR1V) Third Quarter 2024 Results

Key Financial Results

• Revenue: €1.41m (down 22% from 3Q 2023).
• Net loss: €33.0k (loss narrowed by 11% from 3Q 2023).
• €0.002 loss per share (in line with 3Q 2023).

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

QPR Software Oyj Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Software industry in Finland.

Performance of the Finnish Software industry.

The company's shares are up 3.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for QPR Software Oyj that you need to be mindful of.

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