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Network Media Group First Quarter 2024 Earnings: CA$0.034 loss per share (vs CA$0.042 loss in 1Q 2023)

Network Media Group (CVE:NTE) First Quarter 2024 Results

Key Financial Results

  • Revenue: CA$2.13m (up 16% from 1Q 2023).

  • Net loss: CA$606.0k (loss narrowed by 18% from 1Q 2023).

  • CA$0.034 loss per share (improved from CA$0.042 loss in 1Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

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

Network Media Group shares are down 3.0% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Network Media Group has 3 warning signs (and 2 which make us uncomfortable) we think you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.