BrainsWay Third Quarter 2024 Earnings: EPS: US$0.02 (vs US$0.01 loss in 3Q 2023)

BrainsWay (TLV:BWAY) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$10.5m (up 27% from 3Q 2023).
• Net income: US$662.0k (up from US$230.0k loss in 3Q 2023).
• Profit margin: 6.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: US$0.02 (up from US$0.01 loss in 3Q 2023).

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

BrainsWay Earnings Insights

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Medical Equipment industry in Asia.

Performance of the market in Israel.

The company's shares are down 12% from a week ago.

Risk Analysis

Be aware that BrainsWay is showing 2 warning signs in our investment analysis that you should know about...

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