Karnov Group First Quarter 2024 Earnings: kr0.11 loss per share (vs kr0.17 profit in 1Q 2023)

Karnov Group (STO:KAR) First Quarter 2024 Results

Key Financial Results

• Revenue: kr631.7m (up 2.9% from 1Q 2023).
• Net loss: kr11.7m (down by 164% from kr18.4m profit in 1Q 2023).
• kr0.11 loss per share (down from kr0.17 profit in 1Q 2023).

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

Karnov Group Earnings Insights

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Interactive Media and Services industry in Sweden.

Performance of the Swedish Interactive Media and Services industry.

The company's shares are up 34% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Karnov Group (1 doesn't sit too well with us!) that you should be aware of before investing here.

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