Stock Analysis

PMD Device Solutions Reports Third Quarter 2024 Earnings

OM:PMDS
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PMD Device Solutions (STO:PMDS) Third Quarter 2024 Results

Key Financial Results

  • Net loss: kr11.8m (flat on 3Q 2023).
earnings-and-revenue-history
OM:PMDS Earnings and Revenue History December 2nd 2024

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

PMD Device Solutions Earnings Insights

Looking ahead, revenue is forecast to grow 68% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Biotechs industry in Sweden.

Performance of the Swedish Biotechs industry.

The company's shares are down 45% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 6 warning signs for PMD Device Solutions (4 don't sit too well with us!) that you need to be mindful 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.