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Arcario profit first quarter 2024: EPS: kr0.001 (vs. kr0.003 loss in 1Q 2023)

Arcario (STO:ARCA) First Quarter 2024 Results

Main financial results

  • Turnover: kr151.7 million (up 293% compared to the first quarter of 2023).
  • Net income: kr5.54 million (up from the loss of kr25.2 million in the first quarter of 2023).
  • Profit margin: 3.7% (higher than the net loss in the first quarter of 2023). The move to profitability was driven by higher sales.
  • EPS: kr0.001 (versus the loss of kr0.003 in the first quarter of 2023).
OM:ARCA earnings and revenue history June 6, 2024

All figures in the chart above are for the subsequent 12 month period (TTM).

Arcario shares are up 49% from a week ago.

Risk analysis

Before you take the next step, you should be aware of the 3 warning signs for Arcario (1 is concerning!) that we discovered.

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This article from Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts using only an unbiased methodology and our articles are not intended as financial advice. It is not a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. We aim to provide you with targeted, long-term analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or quality material. Simply Wall St has no positions in the stocks mentioned.