Ostin Technology Group First Half 2024 Earnings: US$0.29 loss per share (vs US$0.36 loss in 1H 2023)

[email protected] (Simply Wall St)
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In This Article:

Ostin Technology Group (NASDAQ:OST) First Half 2024 Results

Key Financial Results

  • Revenue: US$15.0m (down 56% from 1H 2023).

  • Net loss: US$4.64m (loss narrowed by 7.0% from 1H 2023).

  • US$0.29 loss per share (improved from US$0.36 loss in 1H 2023).

earnings-and-revenue-history
earnings-and-revenue-history

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

Ostin Technology Group shares are down 11% from a week ago.

Risk Analysis

It is worth noting though that we have found 4 warning signs for Ostin Technology Group (3 are concerning!) that you need to take into consideration.

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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.

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