TXT e-solutions Third Quarter 2024 Earnings: EPS: €0.34 (vs €0.26 in 3Q 2023)

TXT e-solutions (BIT:TXT) Third Quarter 2024 Results

Key Financial Results

• Revenue: €81.4m (up 56% from 3Q 2023).
• Net income: €4.02m (up 33% from 3Q 2023).
• Profit margin: 4.9% (down from 5.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €0.34 (up from €0.26 in 3Q 2023).

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 9.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Italy.

Performance of the Italian Software industry.

The company's shares are down 4.1% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for TXT e-solutions that you need to be mindful of.

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