M.T.I Wireless Edge Third Quarter 2024 Earnings: EPS: US$0.015 (vs US$0.013 in 3Q 2023)

M.T.I Wireless Edge (LON:MWE) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$11.4m (flat on 3Q 2023).
• Net income: US$1.27m (up 15% from 3Q 2023).
• Profit margin: 11% (up from 9.7% in 3Q 2023).
• EPS: US$0.015 (up from US$0.013 in 3Q 2023).

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

M.T.I Wireless Edge Earnings Insights

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Communications industry in the United Kingdom.

Performance of the British Communications industry.

The company's shares are down 2.2% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for M.T.I Wireless Edge that you should be aware of.

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