Coveo Solutions Second Quarter 2025 Earnings: Beats Expectations

In This Article:

Coveo Solutions (TSE:CVO) Second Quarter 2025 Results

Key Financial Results

  • Revenue: US$32.7m (up 4.9% from 2Q 2024).

  • Net loss: US$5.38m (loss narrowed by 17% from 2Q 2024).

  • US$0.05 loss per share (improved from US$0.063 loss in 2Q 2024).

earnings-and-revenue-growth
TSX:CVO Earnings and Revenue Growth November 6th 2024

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

Coveo Solutions Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 18%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are up 36% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Coveo Solutions that you should be aware of.

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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.