Zenvia Third Quarter 2024 Earnings: Beats Expectations

Zenvia (NASDAQ:ZENV) Third Quarter 2024 Results

Key Financial Results

• Revenue: R$284.4m (up 30% from 3Q 2023).
• Net income: R$52.6m (up from R$11.6m loss in 3Q 2023).
• Profit margin: 19% (up from net loss in 3Q 2023).
• EPS: R$1.02 (up from R$0.29 loss in 3Q 2023).

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

Zenvia Revenues and Earnings Beat Expectations

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

Looking ahead, revenue is forecast to grow 9.0% 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 up 9.8% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Zenvia has 3 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

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