Sintx Technologies Third Quarter 2024 Earnings: Beats Expectations

Sintx Technologies (NASDAQ:SINT) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$799.0k (up 18% from 3Q 2023).
• Net loss: US$6.24m (loss widened by 96% from 3Q 2023).
• US$6.96 loss per share.

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

Sintx Technologies Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 3.3%.

Looking ahead, revenue is forecast to grow 6.7% p.a. on average during the next 2 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 down 24% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 6 warning signs for Sintx Technologies (4 are significant!) that you should be aware of.

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