Stock Analysis
WithSecure Oyj Third Quarter 2024 Earnings: EPS Misses Expectations
WithSecure Oyj (HEL:WITH) Third Quarter 2024 Results
Key Financial Results
- Revenue: €36.1m (up 4.0% from 3Q 2023).
- Net loss: €17.5m (loss widened by 69% from 3Q 2023).
- €0.10 loss per share (further deteriorated from €0.06 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
WithSecure Oyj EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 5.3% 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 1.2% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on WithSecure Oyj's balance sheet health.
Valuation is complex, but we're here to simplify it.
Discover if WithSecure Oyj might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About HLSE:WITH
WithSecure Oyj
Operates in corporate security business worldwide.