Smart Eye Reports Second Quarter 2024 Earnings
Smart Eye (STO:SEYE) Second Quarter 2024 Results
Key Financial Results
- Revenue: kr89.6m (up 30% from 2Q 2023).
- Net loss: kr54.2m (loss narrowed by 21% from 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Smart Eye Earnings Insights
Looking ahead, revenue is forecast to grow 47% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electronic industry in Sweden.
Performance of the Swedish Electronic industry.
The company's shares are down 22% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Smart Eye (of which 1 can't be ignored!) you should know about.
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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.
About OM:SEYE
Smart Eye
Develops human insight artificial intelligence (AI) technology solutions that understands, supports, and predicts human behavior in the Nordics countries, rest of Europe, North America, Asia, and internationally.
High growth potential and fair value.
