InCoax Networks (STO:INCOAX) Third Quarter 2024 Results
Key Financial Results
- Revenue: kr22.6m (up 19% from 3Q 2023).
- Net loss: kr8.84m (loss widened by 372% from 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
InCoax Networks Earnings Insights
Looking ahead, revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Communications industry in Sweden.
Performance of the Swedish Communications industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for InCoax Networks (of which 1 is potentially serious!) you should know about.
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About OM:INCOAX
InCoax Networks
Provides networking products and solutions to fiber/LAN and fixed wireless access operators, internet service providers, and hospitality customers in European Union, North America, and internationally.
Flawless balance sheet with high growth potential.
