Team Internet Group Third Quarter 2024 Earnings: EPS: US$0.008 (vs US$0.017 in 3Q 2023)

Team Internet Group (LON:TIG) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$205.4m (down 4.6% from 3Q 2023).
• Net income: US$2.10m (down 52% from 3Q 2023).
• Profit margin: 1.0% (down from 2.0% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: US$0.008 (down from US$0.017 in 3Q 2023).

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

Team Internet Group Earnings Insights

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Media industry in the United Kingdom.

Performance of the British Media industry.

The company's shares are down 34% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Team Internet Group (1 is concerning) you should be aware of.

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