Stock Analysis

Cairo Communication Reports Third Quarter 2024 Earnings

BIT:CAI
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Cairo Communication (BIT:CAI) Third Quarter 2024 Results

Key Financial Results

  • Revenue: €218.5m (flat on 3Q 2023).
  • Net loss: €3.60m (loss narrowed by 29% from 3Q 2023).
  • €0.027 loss per share.
earnings-and-revenue-history
BIT:CAI Earnings and Revenue History November 17th 2024

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

Cairo Communication Earnings Insights

Looking ahead, revenue is expected to decline by 1.7% p.a. on average during the next 2 years, while revenues in the Media industry in Italy are expected to grow by 2.0%.

Performance of the Italian Media industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Cairo Communication 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.