Stran (NASDAQ:STRN) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$13.6m (up 24% from 3Q 2021).

• Net loss: US$688.2k (down by 195% from US$723.9k profit in 3Q 2021).

• US$0.035 loss per share (down from US$0.072 profit in 3Q 2021).

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

Stran Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 50%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 3.4% growth forecast for the Media industry in the US.

Performance of the American Media industry.

The company's shares are up 1.1% from a week ago.

Risk Analysis

Be aware that Stran is showing 2 warning signs in our investment analysis that you should know about...

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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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