Exro Technologies (TSE:EXRO) Second Quarter 2024 Results

Key Financial Results

• Net loss: CA$25.3m (loss widened by 95% from 2Q 2023).

• CA$0.052 loss per share.

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

Exro Technologies EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 72%. Earnings per share (EPS) exceeded analyst estimates by 17%.

Looking ahead, revenue is forecast to grow 147% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electrical industry in Canada.

Performance of the Canadian Electrical industry.

The company's shares are down 47% from a week ago.

Risk Analysis

You should learn about the 5 warning signs we've spotted with Exro Technologies (including 2 which make us uncomfortable).

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