Hofseth BioCare Second Quarter 2024 Earnings: kr0.04 loss per share (vs kr0.015 profit in 2Q 2023)

Hofseth BioCare (OB:HBC) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr80.4m (up 5.2% from 2Q 2023).
• Net loss: kr17.6m (down by 405% from kr5.76m profit in 2Q 2023).
• kr0.04 loss per share (down from kr0.015 profit in 2Q 2023).

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

Hofseth BioCare shares are up 8.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Hofseth BioCare (2 are concerning!) that you need to take into consideration.

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