Carebook Technologies Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues Lag – Yahoo Finance
Revenue: CA$2.07m (up 15% from 3Q 2021).
Net loss: CA$1.73m (loss narrowed by 52% from 3Q 2021).
CA$0.022 loss per share (improved from CA$0.081 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue missed analyst estimates by 20%. Earnings per share (EPS) exceeded analyst estimates by 33%.
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Healthcare Services industry in North America.
Performance of the market in Canada.
The company’s shares are up 17% from a week ago.
It’s necessary to consider the ever-present spectre of investment risk. We’ve identified 5 warning signs with Carebook Technologies (at least 4 which don’t sit too well with us), and understanding these 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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