Cloudpoint Technology Berhad (KLSE:CLOUDPT) Q2 2024 Earnings
Key Financial Results
Revenue: RM31.6m (down 21% from 2Q23).
Net profit: RM5.19 million (up 21% from 2Q23).
Margin: 16% (up from 11% in Q2 2023). The increase in margin was driven by reduced expenses.
EPS: RM0.01 (up from RM0.008 in 2Q2023).
Earnings and Revenue History
All figures shown in the chart above are for the trailing twelve month (TTM) period.
CloudPoint Technology Inc. shares are down 8.6% from a week ago.
Risk Analysis
You should know about the 4 warning signs we've spotted with Cloudpoint Technology Berhad (including 1 which is concerning).
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This article by Simply Wall St is of general nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks, and does not take into account your objectives or financial situation. We aim to provide long-term analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned herein.
