OssDsign Third Quarter 2024 Earnings: Beats Expectations

OssDsign (STO:OSSD) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr35.7m (up 13% from 3Q 2023).
• Net loss: kr9.76m (loss narrowed by 71% from 3Q 2023).
• kr0.10 loss per share (improved from kr0.50 loss in 3Q 2023).

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

OssDsign Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 38%.

Looking ahead, revenue is forecast to grow 25% 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 20% from a week ago.

Risk Analysis

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

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