Azerion Group Reports Third Quarter 2023 Earnings

Azerion Group (AMS:AZRN) Third Quarter 2023 Results

Key Financial Results

• Revenue: €108.5m (up 2.8% from 3Q 2022).
• Net income: €54.1m (up from €4.20m loss in 3Q 2022).
• Profit margin: 50% (up from net loss in 3Q 2022).
• EPS: €0.43.

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

Azerion Group Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe.

Performance of the market in the Netherlands.

The company's shares are up 5.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 5 warning signs for Azerion Group you should be aware of, and 3 of them are concerning.

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