Gentian Diagnostics Third Quarter 2024 Earnings: EPS: kr0.22 (vs kr0.053 loss in 3Q 2023)

Gentian Diagnostics (OB:GENT) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr32.7m (down 3.5% from 3Q 2023).
• Net income: kr3.41m (up from kr816.0k loss in 3Q 2023).
• Profit margin: 10% (up from net loss in 3Q 2023).
• EPS: kr0.22 (up from kr0.053 loss in 3Q 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 25% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Medical Equipment industry in Europe.

Performance of the market in Norway.

The company's shares are up 2.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Gentian Diagnostics has 2 warning signs we think you should be aware of.

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