Stock Analysis
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- ENXTAM:TOM2
TomTom Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
TomTom (AMS:TOM2) Second Quarter 2024 Results
Key Financial Results
- Revenue: €152.2m (down 2.8% from 2Q 2023).
- Net loss: €2.31m (loss narrowed by 48% from 2Q 2023).
- €0.02 loss per share (improved from €0.03 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
TomTom Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 5.4%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Europe.
Performance of the market in the Netherlands.
The company's shares are down 7.1% 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. We have a graphic representation of TomTom's balance sheet and an in-depth analysis of the company's financial position.
Valuation is complex, but we're here to simplify it.
Discover if TomTom might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About ENXTAM:TOM2
TomTom
Develops and sells navigation and location-based products and services in Europe, North America, and internationally.