Gentian Diagnostics First Quarter 2024 Earnings: EPS: kr0.27 (vs kr0.043 loss in 1Q 2023)

Gentian Diagnostics (OB:GENT) First Quarter 2024 Results

Key Financial Results

• Revenue: kr38.5m (up 15% from 1Q 2023).
• Net income: kr4.16m (up from kr657.0k loss in 1Q 2023).
• Profit margin: 11% (up from net loss in 1Q 2023).
• EPS: kr0.27 (up from kr0.043 loss in 1Q 2023).

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

Gentian Diagnostics Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Medical Equipment industry in Europe.

Performance of the market in Norway.

The company's shares are up 2.7% from a week ago.

Risk Analysis

Be aware that Gentian Diagnostics is showing 1 warning sign in our investment analysis that you should know about...

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