Stock Analysis

Clavister Holding AB (publ.) First Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags

Simply Wall St

May 13, 2023

Clavister Holding AB (publ.) (STO:CLAV) First Quarter 2023 Results

Key Financial Results

Revenue: kr37.3m (up 10% from 1Q 2022).
Net loss: kr21.1m (loss narrowed by 20% from 1Q 2022).
kr0.37 loss per share (improved from kr0.46 loss in 1Q 2022).

earnings-and-revenue-growth — OM:CLAV Earnings and Revenue Growth May 13th 2023

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

Clavister Holding AB (publ.) Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates by 85%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Software industry in Sweden.

Performance of the Swedish Software industry.

The company's shares are up 1.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Clavister Holding AB (publ.) (1 is potentially serious!) that you should be aware 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.