Ferroamp Second Quarter 2024 Earnings: kr0.78 loss per share (vs kr0.34 loss in 2Q 2023)

Ferroamp (STO:FERRO) Second Quarter 2024 Results

Key Financial Results

• Revenue: kr58.5m (down 63% from 2Q 2023).
• Net loss: kr24.9m (loss widened by 217% from 2Q 2023).
• kr0.78 loss per share (further deteriorated from kr0.34 loss in 2Q 2023).

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

Ferroamp Earnings Insights

Looking ahead, revenue is forecast to grow 36% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electrical industry in Sweden.

Performance of the Swedish Electrical industry.

The company's shares are down 25% from a week ago.

Risk Analysis

Before you take the next step you should know about the 4 warning signs for Ferroamp (1 is significant!) that we have uncovered.

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