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Quisitive Technology Solutions Second Quarter 2024 Earnings: US$0.006 loss per share (vs US$0.009 loss in 2Q 2023)

Quisitive Technology Solutions (CVE:QUIS) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$29.6m (down 35% from 2Q 2023).

  • Net loss: US$1.90m (loss narrowed by 41% from 2Q 2023).

  • US$0.006 loss per share (improved from US$0.009 loss in 2Q 2023).

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

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

Quisitive Technology Solutions Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Software industry in Canada.

Performance of the Canadian Software industry.

The company's shares are up 17% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Quisitive Technology Solutions that we have uncovered.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.