Yahoo Finance VTEX Full Year 2023 Earnings: Beats Expectations
VTEX (NYSE:VTEX) Full Year 2023 Results
Key Financial Results
Revenue: US$201.5m (up 28% from FY 2022).
Net loss: US$13.7m (loss narrowed by 74% from FY 2022).
US$0.073 loss per share (improved from US$0.28 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
VTEX Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in the US.
Performance of the American Interactive Media and Services industry.
The company's shares are up 13% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of VTEX's balance sheet and an in-depth analysis of the company's financial position.
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