Waystream Holding Third Quarter 2024 Earnings: Revenues Miss Expectations

Waystream Holding (STO:WAYS) Third Quarter 2024 Results

Key Financial Results

• Revenue: kr27.9m (down 5.9% from 3Q 2023).
• Net loss: kr2.26m (down by 401% from kr751.0k profit in 3Q 2023).

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

Waystream Holding Revenues Disappoint

Revenue missed analyst estimates by 21%.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Communications industry in Sweden.

Performance of the Swedish Communications industry.

The company's shares are down 13% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Waystream Holding you should be aware of.

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