Innovative Eyewear (NASDAQ:LUCY) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$253.6k (up 14% from 3Q 2023).

• Net loss: US$1.72m (loss widened by 11% from 3Q 2023).

• US$0.99 loss per share.

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

Innovative Eyewear Earnings Insights

Looking ahead, revenue is forecast to grow 168% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 8.6% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Innovative Eyewear has 5 warning signs (and 3 which are potentially serious) we think you should know about.

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