Orad Third Quarter 2024 Earnings: EPS: ₪0.02 (vs ₪0.02 in 3Q 2023)

Orad (TLV:ORAD) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₪47.7m (up 9.8% from 3Q 2023).
• Net income: ₪1.32m (down 38% from 3Q 2023).
• Profit margin: 2.8% (down from 4.9% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: ₪0.02 (in line with 3Q 2023).

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

Orad shares are down 3.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Orad, and understanding these should be part of your investment process.

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