ATOSS Software (ETR:AOF) First Quarter 2024 Results

Key Financial Results

• Revenue: €41.8m (up 16% from 1Q 2023).

• Net income: €9.76m (up 26% from 1Q 2023).

• Profit margin: 23% (up from 21% in 1Q 2023). The increase in margin was driven by higher revenue.

• EPS: €1.23 (up from €0.97 in 1Q 2023).

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

ATOSS Software Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Software industry in Germany.

Performance of the German Software industry.

The company's shares are up 6.7% from a week ago.

Valuation

If you are concerned about investing in overvalued stocks, our analysis of 6 valuation measures indicates ATOSS Software could be one stock to be wary of. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

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