In This Article:
Exro Technologies (TSE:EXRO) Third Quarter 2024 Results
Key Financial Results
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Revenue: CA$11.0m (up 440% from 3Q 2023).
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Net loss: CA$225.8m (loss widened by CA$215.1m from 3Q 2023).
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CA$0.43 loss per share (further deteriorated from CA$0.063 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Exro Technologies Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates significantly.
Looking ahead, revenue is forecast to grow 94% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in Canada.
Performance of the Canadian Electrical industry.
The company's shares are down 28% from a week ago.
Risk Analysis
Before you take the next step you should know about the 5 warning signs for Exro Technologies (3 are a bit unpleasant!) that we have uncovered.
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