Implantica Third Quarter 2023 Earnings: EPS Beats Expectations, Revenues Lag

Implantica (STO:IMP A SDB) Third Quarter 2023 Results

Key Financial Results

• Net loss: €5.44m (loss narrowed by 3.9% from 3Q 2022).
• €0.08 loss per share.

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

Implantica EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 28%. Earnings per share (EPS) exceeded analyst estimates by 4.5%.

Looking ahead, revenue is forecast to grow 117% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Medical Equipment industry in Sweden.

Performance of the Swedish Medical Equipment industry.

The company's shares are up 6.2% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for Implantica (1 is potentially serious!) that you should be aware of before investing here.

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