Nobia Third Quarter 2024 Earnings: kr0.12 loss per share (vs kr0.24 profit in 3Q 2023)

Nobia (STO:NOBI) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr2.48b (down 20% from 3Q 2023).
• Net loss: kr83.0m (down by 308% from kr40.0m profit in 3Q 2023).
• kr0.12 loss per share (down from kr0.24 profit in 3Q 2023).

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

Nobia Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 2.9% growth forecast for the Consumer Durables industry in Sweden.

Performance of the Swedish Consumer Durables industry.

The company's shares are down 15% from a week ago.

Risk Analysis

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

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