iLearningEngines Reports Second Quarter 2024 Earnings

iLearningEngines (NASDAQ:AILE) Second Quarter 2024 Results

Key Financial Results

• Net loss: US$314.0m (flat on 2Q 2023).
• US$3.15 loss per share.

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

iLearningEngines Earnings Insights

Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 24% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for iLearningEngines that you need to take into consideration.

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