Ngenic Third Quarter 2024 Earnings: kr0.53 loss per share (vs kr0.65 loss in 3Q 2023)

Ngenic (STO:NGENIC) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr4.06m (down 81% from 3Q 2023).
• Net loss: kr3.64m (loss narrowed by 18% from 3Q 2023).
• kr0.53 loss per share (improved from kr0.65 loss in 3Q 2023).

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

Ngenic Earnings Insights

Looking ahead, revenue is forecast to grow 31% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden.

Performance of the Swedish Electronic industry.

The company's shares are up 21% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 6 warning signs for Ngenic (4 are significant) you should be aware of.

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