GVS Third Quarter 2024 Earnings: EPS: €0.003 (vs €0.049 in 3Q 2023)

GVS (BIT:GVS) Third Quarter 2024 Results

Key Financial Results

• Revenue: €111.5m (up 12% from 3Q 2023).
• Net income: €519.0k (down 94% from 3Q 2023).
• Profit margin: 0.5% (down from 8.5% in 3Q 2023).
• EPS: €0.003 (down from €0.049 in 3Q 2023).

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

GVS Earnings Insights

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in Italy.

Performance of the Italian Machinery industry.

The company's shares are down 1.7% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for GVS (1 is a bit concerning!) that you need to be mindful of.

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