InspireMD Third Quarter 2024 Earnings: US$0.16 loss per share (vs US$0.15 loss in 3Q 2023)

InspireMD (NASDAQ:NSPR) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.81m (up 16% from 3Q 2023).
• Net loss: US$7.89m (loss widened by 52% from 3Q 2023).
• US$0.16 loss per share (further deteriorated from US$0.15 loss in 3Q 2023).

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

InspireMD Earnings Insights

Looking ahead, revenue is forecast to grow 63% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are up 7.1% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for InspireMD (1 is a bit concerning!) that you should be aware of before investing here.

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