Coveo Solutions First Quarter 2025 Earnings: EPS Misses Expectations

In This Article:

Coveo Solutions (TSE:CVO) First Quarter 2025 Results

Key Financial Results

  • Revenue: US$32.2m (up 5.5% from 1Q 2024).

  • Net loss: US$6.10m (loss narrowed by 12% from 1Q 2024).

  • US$0.059 loss per share (improved from US$0.066 loss in 1Q 2024).

earnings-and-revenue-growth
TSX:CVO Earnings and Revenue Growth August 9th 2024

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

Coveo Solutions EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.4%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are down 1.3% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Coveo Solutions that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.