Emak Third Quarter 2024 Earnings: €0.003 loss per share (vs €0.003 profit in 3Q 2023)

Emak (BIT:EM) Third Quarter 2024 Results

Key Financial Results

• Revenue: €130.0m (up 9.5% from 3Q 2023).
• Net loss: €507.0k (down by 194% from €542.0k profit in 3Q 2023).
• €0.003 loss per share (down from €0.003 profit in 3Q 2023).

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

Emak Earnings Insights

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Consumer Durables industry in Italy.

Performance of the Italian Consumer Durables industry.

The company's shares are up 1.1% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Emak you should be aware of, and 1 of them is a bit concerning.

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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.