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.

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