SIT Reports Third Quarter 2024 Earnings

SIT (BIT:SIT) Third Quarter 2024 Results

Key Financial Results

• Revenue: €71.9m (down 4.4% from 3Q 2023).
• Net loss: €2.15m (loss widened by 75% from 3Q 2023).
• €0.088 loss per share.

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

SIT Earnings Insights

Looking ahead, revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 8.5% growth forecast for the Electronic industry in Italy.

Performance of the Italian Electronic industry.

The company's shares are down 4.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for SIT (2 make us uncomfortable) you should be aware of.

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