Boule Diagnostics Third Quarter 2024 Earnings: EPS Beats Expectations

Boule Diagnostics (STO:BOUL) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr130.4m (down 6.6% from 3Q 2023).
• Net loss: kr229.2m (down from kr4.60m profit in 3Q 2023).
• kr5.90 loss per share (down from kr0.12 profit in 3Q 2023).

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

Boule Diagnostics EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Medical Equipment industry in Sweden.

Performance of the Swedish Medical Equipment industry.

The company's shares are up 3.9% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Boule Diagnostics that you should be aware of.

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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.