Q-linea Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Q-linea (STO:QLINEA) Third Quarter 2024 Results

Key Financial Results

• Net loss: kr42.4m (loss narrowed by 13% from 3Q 2023).
• kr0.36 loss per share (improved from kr0.56 loss in 3Q 2023).

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

Q-linea EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 79%. Earnings per share (EPS) exceeded analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 50% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Medical Equipment industry in Sweden.

Performance of the Swedish Medical Equipment industry.

The company's shares are down 22% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for Q-linea (2 are potentially serious!) that you need to be mindful of.

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