Stock Analysis

StrongPoint First Quarter 2024 Earnings: kr0.26 loss per share (vs kr0.12 profit in 1Q 2023)

Simply Wall St

April 27, 2024

StrongPoint (OB:STRO) First Quarter 2024 Results

Key Financial Results

Revenue: kr359.0m (down 5.9% from 1Q 2023).
Net loss: kr11.4m (down by 319% from kr5.20m profit in 1Q 2023).
kr0.26 loss per share (down from kr0.12 profit in 1Q 2023).

earnings-and-revenue-growth — OB:STRO Earnings and Revenue Growth April 27th 2024

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

StrongPoint Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Electronic industry in Norway.

Performance of the Norwegian Electronic industry.

The company's shares are down 9.3% from a week ago.

Risk Analysis

You still need to take note of risks, for example - StrongPoint has 1 warning sign we think you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.