TeraGo (TSE:TGO) Third Quarter 2024 Results

Key Financial Results

• Revenue: CA$6.54m (flat on 3Q 2023).

• Net loss: CA$3.34m (loss widened by 8.1% from 3Q 2023).

• CA$0.17 loss per share (further deteriorated from CA$0.16 loss in 3Q 2023).

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

TeraGo Earnings Insights

Looking ahead, revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 2.4% growth forecast for the Telecom industry in Canada.

Performance of the Canadian Telecom industry.

The company's shares are down 16% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for TeraGo that you should be aware of before investing here.

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