In This Article:
Softing (ETR:SYT) Third Quarter 2024 Results
Key Financial Results
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Revenue: €23.0m (down 26% from 3Q 2023).
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Net loss: €1.52m (down by 245% from €1.05m profit in 3Q 2023).
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€0.17 loss per share (down from €0.12 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Softing Earnings Insights
Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electronic industry in Germany.
Performance of the German Electronic industry.
The company's shares are down 2.1% from a week ago.
Risk Analysis
Be aware that Softing is showing 3 warning signs in our investment analysis and 1 of those is significant...
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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.