Huuuge Second Quarter 2024 Earnings: EPS: US$0.26 (vs US$0.28 in 2Q 2023)

Simply Wall St

September 08, 2024

Huuuge (WSE:HUG) Second Quarter 2024 Results

Key Financial Results

Revenue: US$63.4m (down 8.4% from 2Q 2023).
Net income: US$15.1m (down 31% from 2Q 2023).
Profit margin: 24% (down from 31% in 2Q 2023). The decrease in margin was primarily driven by lower revenue.
EPS: US$0.26 (down from US$0.28 in 2Q 2023).

earnings-and-revenue-growth — WSE:HUG Earnings and Revenue Growth September 8th 2024

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

Huuuge Earnings Insights

Looking ahead, revenue is expected to decline by 8.5% p.a. on average during the next 3 years, while revenues in the Entertainment industry in Poland are expected to grow by 13%.

Performance of the Polish Entertainment industry.

The company's shares are down 6.7% from a week ago.

Risk Analysis

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

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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.