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MARKETS LIVE BLOG:

STOCKS OPEN MIXED AS MICRON SLIDES, WITH DATA IN FOCUS

U.S. economic growth for last quarter revised up slightly to 1.4% annual rate

Zoomd Technologies First Quarter 2024 Earnings: EPS: US$0.005 (vs US$0.034 loss in 1Q 2023)

editorial-team@simplywallst.com (Simply Wall St)
·1 min read

Zoomd Technologies (CVE:ZOMD) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$8.75m (up 1.1% from 1Q 2023).

  • Net income: US$539.0k (up from US$3.58m loss in 1Q 2023).

  • Profit margin: 6.2% (up from net loss in 1Q 2023). The move to profitability was primarily driven by lower expenses.

  • EPS: US$0.005 (up from US$0.034 loss in 1Q 2023).

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

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

Zoomd Technologies shares are up 58% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Zoomd Technologies that you need to be mindful of.

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.