ADDvantage Technologies Group Third Quarter 2023 Earnings: US$1.90 loss per share (vs US$1.09 profit in 3Q 2022)

Simply Wall St.2023-11-17

ADDvantage Technologies Group (NASDAQ:AEY) Third Quarter 2023 ResultsKey Financial Results Revenue: US$10.3m (down 60% from 3Q 2022). Net loss: US$2.73m (down by 284% from US$1.48m profit in 3Q 2022)....

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Net loss: US$2.73m (down by 284% from US$1.48m profit in 3Q 2022). US$1.90 loss per share (down from US$1.09 profit in 3Q 2022).  NasdaqCM:AEY Earnings and Revenue History November 17th 2023 All figures shown in the chart above are for the trailing 12 month (TTM) period ADDvantage Technologies Group shares are up 15% from a week ago.   Risk Analysis We don't want to rain on the parade too much, but we did also find 4 warning signs for ADDvantage Technologies Group (3 are a bit unpleasant!) that you need to be mindful of. Valuation is complex, but we're helping make it simple.Find out whether ADDvantage Technologies Group is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.View the Free AnalysisHave 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. 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