Stock Analysis

Arad First Quarter 2024 Earnings: EPS: US$0.28 (vs US$0.35 in 1Q 2023)

TASE:ARD
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Arad (TLV:ARD) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$98.2m (up 1.9% from 1Q 2023).
  • Net income: US$6.82m (down 21% from 1Q 2023).
  • Profit margin: 6.9% (down from 9.0% in 1Q 2023). The decrease in margin was driven by higher expenses.
  • EPS: US$0.28 (down from US$0.35 in 1Q 2023).
earnings-and-revenue-history
TASE:ARD Earnings and Revenue History May 28th 2024

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

Arad shares are up 1.8% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Arad.

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