Yahoo Finance Kraken Robotics First Quarter 2023 Earnings: CA$0.006 loss per share (vs CA$0.013 loss in 1Q 2022)
Kraken Robotics (CVE:PNG) First Quarter 2023 Results
Key Financial Results
Revenue: CA$7.58m (up 38% from 1Q 2022).
Net loss: CA$1.34m (loss narrowed by 48% from 1Q 2022).
CA$0.006 loss per share (improved from CA$0.013 loss in 1Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Kraken Robotics Earnings Insights
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Canada.
Performance of the Canadian Electronic industry.
The company's shares are up 7.5% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Kraken Robotics, and understanding them 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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