Yahoo Finance Etherstack First Half 2023 Earnings: US$0.011 loss per share (vs US$0.013 profit in 1H 2022)
Etherstack (ASX:ESK) First Half 2023 Results
Key Financial Results
Revenue: US$2.92m (down 40% from 1H 2022).
Net loss: US$1.47m (down by 189% from US$1.65m profit in 1H 2022).
US$0.011 loss per share (down from US$0.013 profit in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Etherstack Earnings Insights
Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in Australia.
Performance of the Australian Software industry.
The company's shares are down 15% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Etherstack that you should be aware of.
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