LeddarTech Holdings Third Quarter 2024 Earnings: Beats Expectations

[email protected] (Simply Wall St)
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LeddarTech Holdings (NASDAQ:LDTC) Third Quarter 2024 Results

Key Financial Results

  • Revenue: CA$1.42m (flat on 3Q 2023).

  • Net loss: CA$7.45m (loss widened by 92% from 3Q 2023).

  • CA$0.25 loss per share.

earnings-and-revenue-growth
earnings-and-revenue-growth

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

LeddarTech Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 74%. Earnings per share (EPS) also surpassed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 55% 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 down 11% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with LeddarTech Holdings (at least 3 which are a bit concerning), 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.

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