Tobii Third Quarter 2024 Earnings: kr0.07 loss per share (vs kr0.70 loss in 3Q 2023)

Tobii (STO:TOBII) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr211.0m (up 41% from 3Q 2023).
• Net loss: kr17.0m (loss narrowed by 77% from 3Q 2023).
• kr0.07 loss per share (improved from kr0.70 loss in 3Q 2023).

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

Tobii Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Tech industry in Europe.

Performance of the market in Sweden.

The company's shares are down 8.6% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 4 warning signs for Tobii you should be aware of, and 2 of them are significant.

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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.