Teneo AI Third Quarter 2024 Earnings: Revenues Beat Expectations

Simply Wall St

October 27, 2024

Teneo AI (STO:TENEO) Third Quarter 2024 Results

Key Financial Results

Revenue: kr27.5m (up 35% from 3Q 2023).
Net loss: kr28.0m (loss widened by 2.9% from 3Q 2023).

earnings-and-revenue-growth — OM:TENEO Earnings and Revenue Growth October 27th 2024

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

Teneo AI Revenues Beat Expectations

Revenue exceeded analyst estimates by 4.1%.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in Sweden.

Performance of the Swedish Software industry.

The company's shares are up 28% 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 Teneo AI (2 are a bit unpleasant!) that you need to be mindful of.

Valuation is complex, but we're here to simplify it.

Discover if Teneo AI might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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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.