Molibdenos y Metales Second Quarter 2024 Earnings: EPS: US$0.12 (vs US$0.086 loss in 2Q 2023)

Simply Wall St · 08/31 12:48

Molibdenos y Metales (SNSE:MOLYMET) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$536.8m (down 16% from 2Q 2023).
  • Net income: US$16.3m (up from US$11.4m loss in 2Q 2023).
  • Profit margin: 3.0% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses.
  • EPS: US$0.12 (up from US$0.086 loss in 2Q 2023).
earnings-and-revenue-history
SNSE:MOLYMET Earnings and Revenue History August 31st 2024

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

Molibdenos y Metales' share price is broadly unchanged from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Molibdenos y Metales (of which 1 can't be ignored!) you should know about.