LeddarTech Holdings Third Quarter 2024 Earnings: Beats Expectations

LeddarTech Holdings (NASDAQ:LDTC) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$1.42m (flat on 3Q 2023).
• Net loss: CA$7.45m (loss widened by 92% from 3Q 2023).
• CA$0.25 loss per share.

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

LeddarTech Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 74%. Earnings per share (EPS) also surpassed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 55% 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 4.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 5 warning signs for LeddarTech Holdings (3 are a bit concerning!) that you need to take into consideration.

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