Interlink Electronics Third Quarter 2024 Earnings: Misses Expectations

In This Article:

Interlink Electronics (NASDAQ:LINK) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$2.67m (down 13% from 3Q 2023).

  • Net loss: US$523.0k (loss widened by 132% from 3Q 2023).

  • US$0.053 loss per share (further deteriorated from US$0.023 loss in 3Q 2023).

earnings-and-revenue-growth
NasdaqCM:LINK Earnings and Revenue Growth November 9th 2024

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

Interlink Electronics Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 20%.

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Interlink Electronics, and understanding these should be part of your investment process.

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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.