Sensys Gatso Group First Quarter 2024 Earnings: kr0.51 loss per share (vs kr1.23 loss in 1Q 2023)

Sensys Gatso Group (STO:SGG) First Quarter 2024 Results

Key Financial Results

• Revenue: kr125.0m (up 10% from 1Q 2023).
• Net loss: kr5.89m (loss narrowed by 58% from 1Q 2023).
• kr0.51 loss per share (improved from kr1.23 loss in 1Q 2023).

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

Sensys Gatso Group Earnings Insights

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in Sweden.

Performance of the Swedish Electronic industry.

The company's shares are down 4.3% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Sensys Gatso Group that you need to take into consideration.

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