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ALTEO Energy Services First Quarter 2024 Earnings: EPS: Ft128 (vs Ft291 in 1Q 2023)
ALTEO Energy Services (BUSE:ALTEO) First Quarter 2024 Results
Key Financial Results
- Revenue: Ft26.7b (down 26% from 1Q 2023).
- Net income: Ft2.55b (down 56% from 1Q 2023).
- Profit margin: 9.6% (down from 16% in 1Q 2023). The decrease in margin was driven by lower revenue.
- EPS: Ft128 (down from Ft291 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ALTEO Energy Services' share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for ALTEO Energy Services that you should be aware of.
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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 BUSE:ALTEO
ALTEO Energy Services
Generates and sells electricity and heat in Hungary.
Flawless balance sheet and good value.
