Wrap Technologies Second Quarter 2024 Earnings: US$0.02 loss per share (vs US$0.12 loss in 2Q 2023)

Simply Wall St · 10/16 11:10

Wrap Technologies (NASDAQ:WRAP) Second Quarter 2024 Results

Key Financial Results

  • Revenue: US$1.57m (up 31% from 2Q 2023).
  • Net loss: US$896.0k (loss narrowed by 82% from 2Q 2023).
  • US$0.02 loss per share (improved from US$0.12 loss in 2Q 2023).
earnings-and-revenue-history
NasdaqCM:WRAP Earnings and Revenue History October 16th 2024

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

Wrap Technologies shares are up 7.6% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Wrap Technologies (at least 2 which are a bit concerning), and understanding these should be part of your investment process.