Boardwalktech Software (CVE:BWLK) Q3 2024 Results.
Key financial results
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Revenue: $1.47M (down 20% from Q3 2023).
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Net loss: USD 782.8 thousand (loss increased by 21% compared to Q3 2023).
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A loss of $0.02 per share (further worse from a loss of $0.014 in 2023Q3).
All figures shown in the graph above refer to the period of the last 12 months (TTM).
Boardwalktech Software revenues and earnings exceed expectations
Revenue exceeded analysts’ estimates by 7.5%. Earnings per share (EPS) also beat analysts’ estimates by 100%.
Looking ahead, revenue is projected to grow at an average of 19% annually over the next 2 years, compared to a 17% growth forecast for the software industry in Canada.
Performance The Canadian Software Industry.
The company’s share price is largely unchanged from a week ago.
Risk analysis
You should learn about 3 warning signs we noticed with Boardwalktech software (including 2 that are a bit annoying).
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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 as financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our goal is to provide you with long-term focused analysis driven by fundamental data. Please note that our analysis may not take into account recent price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned.