Photon Energy Third Quarter 2024 Earnings: €0.05 loss per share (vs €0.036 loss in 3Q 2023)

Photon Energy (WSE:PEN) Third Quarter 2024 Results

Key Financial Results

• Revenue: €22.9m (up 19% from 3Q 2023).
• Net loss: €2.97m (loss widened by 39% from 3Q 2023).
• €0.05 loss per share (further deteriorated from €0.036 loss in 3Q 2023).

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

Photon Energy Earnings Insights

Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electrical industry in Europe.

Performance of the market in Poland.

The company's shares are down 11% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Photon Energy you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.