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

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).

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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