Zapata Computing Holdings Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

In This Article:

Zapata Computing Holdings (NASDAQ:ZPTA) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$2.00m (up 40% from 2Q 2023).

  • Net loss: US$15.6m (loss widened by 230% from 2Q 2023).

  • US$0.48 loss per share.

earnings-and-revenue-history
NasdaqGM:ZPTA Earnings and Revenue History August 19th 2024

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

Zapata Computing Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 41%. Earnings per share (EPS) missed analyst estimates by 167%.

Looking ahead, revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 11% from a week ago.

Risk Analysis

Before you take the next step you should know about the 6 warning signs for Zapata Computing Holdings (3 don't sit too well with us!) that we have uncovered.

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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.