Digi Communications Reports Third Quarter 2024 Earnings

Digi Communications (BVB:DIGI) Third Quarter 2024 Results

Key Financial Results

• Revenue: €880.7m (up 103% from 3Q 2023).
• Net income: €319.6m (up by €307.4m from 3Q 2023).
• Profit margin: 36% (up from 2.8% in 3Q 2023). The increase in margin was driven by higher revenue.

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

Digi Communications Earnings Insights

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe.

Performance of the market in Romania.

The company's shares are up 5.0% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Digi Communications (of which 2 are a bit concerning!) you should know about.

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