Interlink Electronics First Quarter 2024 Earnings: Misses Expectations
Interlink Electronics (NASDAQ:LINK) First Quarter 2024 Results
Key Financial Results
Revenue: US$3.12m (down 4.7% from 1Q 2023).
Net loss: US$841.0k (loss widened by 189% from 1Q 2023).
US$0.085 loss per share (further deteriorated from US$0.029 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Interlink Electronics Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 29%.
Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Electronic industry in the US.
Performance of the American Electronic industry.
The company's shares are down 21% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Interlink Electronics you should know about.
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