Nogin Full Year 2022 Earnings: EPS Beats Expectations
Nogin (NASDAQ:NOGN) Full Year 2022 Results
Key Financial Results
Revenue: US$94.5m (down 6.8% from FY 2021).
Net loss: US$52.7m (loss widened by US$52.7m from FY 2021).
US$1.08 loss per share (further deteriorated from US$0.007 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nogin EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%.
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Multiline Retail industry in the US.
Performance of the American Multiline Retail industry.
The company's shares are up 51% from a week ago.
Risk Analysis
Be aware that Nogin is showing 6 warning signs in our investment analysis and 2 of those shouldn't be ignored...
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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. Simply Wall St has no position in any stocks mentioned.
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