Cenntro Third Quarter 2024 Earnings: US$0.29 loss per share (vs US$0.53 loss in 3Q 2023)

Cenntro (NASDAQ:CENN) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$16.7m (up 190% from 3Q 2023).
• Net loss: US$8.97m (loss narrowed by 44% from 3Q 2023).
• US$0.29 loss per share (improved from US$0.53 loss in 3Q 2023).

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

Cenntro's share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 3 warning signs for Cenntro (of which 2 are potentially serious!) you should know about.

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