Zapata Computing Holdings Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Zapata Computing Holdings (NASDAQ:ZPTA) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$2.00m (up 40% from 2Q 2023).
• Net loss: US$15.6m (loss widened by 230% from 2Q 2023).
• US$0.48 loss per share.

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

Zapata Computing Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 41%. Earnings per share (EPS) missed analyst estimates by 167%.

Looking ahead, revenue is forecast to grow 44% 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 21% from a week ago.

Risk Analysis

You should learn about the 6 warning signs we've spotted with Zapata Computing Holdings (including 3 which make us uncomfortable).

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