INNOVATE Third Quarter 2024 Earnings: US$1.18 loss per share (vs US$0.93 loss in 3Q 2023)

Simply Wall St.11-09

INNOVATE (NYSE:VATE) Third Quarter 2024 Results Key Financial Results Revenue: US$242.2m (down 36% from 3Q 2023). Net loss: US$15.3m (loss widened by 110% from 3Q 2023). US$1.18 loss per share (...

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All figures shown in the chart above are for the trailing 12 month  period. INNOVATE shares are down 24% from a week ago.We should say that we've discovered 4 warning signs for INNOVATE (2 don't sit too well with us!) that you should be aware of before investing here.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"VATE":"Innovate Corp."},"translate_title":"Innovate 2024年第三季度收益：美国每股亏损1.18美元（美国2023年第三季度亏损0.93美元）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VATE":0.9},"content_text":"INNOVATE (NYSE:VATE) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$242.2m (down 36% from 3Q 2023).\nNet loss: US$15.3m (loss widened by 110% from 3Q 2023).\nUS$1.18 loss per share (further deteriorated from US$0.93 loss in 3Q 2023).\n\n\n\n\n  NYSE:VATE Earnings and Revenue History November 9th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\n INNOVATE shares are down 24% from a week ago. \nRisk Analysis\n We should say that we've discovered 4 warning signs for INNOVATE (2 don't sit too well with us!) that you should be aware of before investing here. \nHave 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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