Stock Analysis

Solegreen Third Quarter 2023 Earnings: ₪0.22 loss per share (vs ₪1.33 loss in 3Q 2022)

TASE:SLGN
Source: Shutterstock

Solegreen (TLV:SLGN) Third Quarter 2023 Results

Key Financial Results

  • Revenue: ₪45.4m (down 44% from 3Q 2022).
  • Net loss: ₪13.0m (loss narrowed by 65% from 3Q 2022).
  • ₪0.22 loss per share (improved from ₪1.33 loss in 3Q 2022).
earnings-and-revenue-history
TASE:SLGN Earnings and Revenue History December 2nd 2023

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

Solegreen shares are up 2.2% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Solegreen has 4 warning signs (and 3 which shouldn't be ignored) we think you should know about.

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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.