2024-11-09 11:37:09 :
Latent View Analytics second quarter results released in real-time: Latent View Analytics announced its second quarter results on November 8, 2024, showing strong results with a significant year-over-year revenue growth of 34.22%. Profit also increased significantly by 17.23% compared with the same period last year.
Compared with the previous quarter, Latent View Analytics revenue increased by 16.81% and profit increased by 1.6%. This continued upward trend reflects the company’s solid operating strategy.
However, selling, general and administrative (SG&A) expenses increased significantly, increasing by 17.86% month-on-month and 33.34% year-on-year. Rising expenses could trigger further scrutiny as companies balance growth with cost management.
Operating income also showed positive momentum, increasing by 3.4% month-on-month and 28.41% year-on-year. This shows that despite rising costs, the company is managing its operations effectively.
Earnings per share (EPS) is $In the second quarter, it was 1.92, a year-on-year increase of 17.07%. This metric is a positive indicator for shareholders, showing the company’s profitability per share.
Latent View Analytics has returned 1.99% over the past week, 0.13% over the past six months, and 2.7% year to date. These figures show that performance has remained stable despite market volatility.
Currently, Latent View Analytics has a market capitalization of $9,627.31 billion rupees, a new 52-week high $575 and the lowest $407.4. The stock’s performance remains a focus for investors.
As of November 9, 2024, there was a consensus recommendation of Hold by 1 analysts covering the company. The cautious stance reflects mixed signals from recent financial results.
Potential view analysis finance
| period | Q2 | Q1 | month-on-month growth | Q2 | year-on-year growth |
|---|---|---|---|---|---|
| total revenue | 208.95 | 178.88 | +16.81% | 155.68 | +34.22% |
| Total Selling/General/Administrative Expenses | 143.29 | 121.57 | +17.86% | 107.46 | +33.34% |
| Depreciation/Amortization | 8.82 | 2.93 | +201.3% | 2.34 | +276.72% |
| total operating expenses | 172.42 | 143.55 | +20.11% | 127.23 | +35.51% |
| operating income | 36.53 | 35.33 | +3.4% | 28.45 | +28.41% |
| net income before tax | 58.27 | 52.11 | +11.84% | 44.65 | +30.5% |
| net income | 39.89 | 39.26 | +1.6% | 34.02 | +17.23% |
| Diluted normalized earnings per share | 1.92 | 1.88 | +2.13% | 1.64 | +17.07% |
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