Yahoo Finance ARN Media Full Year 2023 Earnings: EPS Misses Expectations
ARN Media (ASX:A1N) Full Year 2023 Results
Key Financial Results
Revenue: AU$378.2m (up 9.7% from FY 2022).
Net loss: AU$9.77m (loss narrowed by 95% from FY 2022).
AU$0.032 loss per share (improved from AU$0.57 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ARN Media EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is expected to decline by 3.4% p.a. on average during the next 3 years, while revenues in the Media industry in Australia are expected to grow by 1.5%.
Performance of the Australian Media industry.
The company's shares are down 3.1% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for ARN Media that you should be aware of before investing here.
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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.
