TXT e-solutions Third Quarter 2022 Earnings: EPS: €0.15 (vs €0.17 in 3Q 2021)

TXT e-solutions (BIT:TXT) Third Quarter 2022 Results

Key Financial Results

• Revenue: €29.9m (up 30% from 3Q 2021).
• Net income: €1.81m (down 12% from 3Q 2021).
• Profit margin: 6.1% (down from 9.0% in 3Q 2021). The decrease in margin was driven by higher expenses.
• EPS: €0.15 (down from €0.17 in 3Q 2021).

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

TXT e-solutions Earnings Insights

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Software industry in Italy.

Performance of the Italian Software industry.

The company's shares are up 4.5% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on TXT e-solutions' balance sheet health.

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