SofWave Medical First Quarter 2024 Earnings: US$0.029 loss per share (vs US$0.11 loss in 1Q 2023)

SofWave Medical (TLV:SOFW) First Quarter 2024 Results

Key Financial Results

• Revenue: US$13.2m (up 27% from 1Q 2023).
• Net loss: US$983.0k (loss narrowed by 74% from 1Q 2023).
• US$0.029 loss per share (improved from US$0.11 loss in 1Q 2023).

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

SofWave Medical shares are up 3.4% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with SofWave Medical, and understanding it should be part of your investment process.

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