Charge Enterprises First Quarter 2023 Earnings: US$0.046 loss per share (vs US$0.092 loss in 1Q 2022)

Charge Enterprises (NASDAQ:CRGE) First Quarter 2023 Results

Key Financial Results

• Revenue: US$193.5m (up 19% from 1Q 2022).
• Net loss: US$9.57m (loss narrowed by 45% from 1Q 2022).
• US$0.046 loss per share (improved from US$0.092 loss in 1Q 2022).

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

Charge Enterprises Earnings Insights

Looking ahead, revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in the US.

Performance of the American Telecom industry.

The company's shares are up 5.5% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Charge Enterprises that we have uncovered.

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