Artiza Networks Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Artiza Networks (TSE:6778) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥2.82b (down 32% from FY 2023).
• Net loss: JP¥143.0m (down by 220% from JP¥119.0m profit in FY 2023).
• JP¥15.66 loss per share (down from JP¥12.90 profit in FY 2023).

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

Artiza Networks EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) exceeded analyst estimates by 28%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Communications industry in Asia.

Performance of the market in Japan.

The company's shares are up 8.9% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Artiza Networks that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.