INNOVATE Third Quarter 2024 Earnings: US$1.18 loss per share (vs US$0.93 loss in 3Q 2023)
INNOVATE Corp. Common Stock VATE | 6.24 6.24 | +6.48% 0.00% Pre |
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 (further deteriorated from US$0.93 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
INNOVATE shares are down 24% from a week ago.
Risk Analysis
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