Toro Third Quarter 2024 Earnings: US$0.009 loss per share (vs US$1.79 profit in 3Q 2023)

Toro (NASDAQ:TORO) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$5.32m (down 50% from 3Q 2023).
• Net loss: US$157.5k (down by 100% from US$34.0m profit in 3Q 2023).
• US$0.009 loss per share (down from US$1.79 profit in 3Q 2023).

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

Toro shares are down 16% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Toro (2 are significant!) that you need to take into consideration.

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