DIAGNOS Third Quarter 2023 Earnings: CA$0.007 loss per share (vs CA$0.009 loss in 3Q 2022)

DIAGNOS (CVE:ADK) Third Quarter 2023 Results

Key Financial Results

  • Revenue: CA$121.9k (down 6.1% from 3Q 2022).

  • Net loss: CA$514.0k (loss narrowed by 15% from 3Q 2022).

  • CA$0.007 loss per share (improved from CA$0.009 loss in 3Q 2022).

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

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

DIAGNOS Earnings Insights

Looking ahead, revenue is forecast to grow 145% p.a. on average during the next 2 years, compared to a 22% growth forecast for the Healthcare Services industry in Canada.

Performance of the Canadian Healthcare Services industry.

The company's shares are down 11% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for DIAGNOS (2 don't sit too well with us!) that you need to take into consideration.

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.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here