EpicQuest Education Group International Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

editorial-team@simplywallst.com (Simply Wall St)
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EpicQuest Education Group International (NASDAQ:EEIQ) Full Year 2023 Results

Key Financial Results

  • Revenue: US$5.71m (down 9.8% from FY 2022).

  • Net loss: US$6.76m (loss widened by 11% from FY 2022).

  • US$0.58 loss per share (further deteriorated from US$0.55 loss in FY 2022).

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

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

EpicQuest Education Group International EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 17%. Earnings per share (EPS) exceeded analyst estimates by 1.7%.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for EpicQuest Education Group International (1 is significant!) that you should be aware of before investing here.

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.

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