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

+2.37% Post

INNOVATE Corp. Common Stock

VATE

5.39

+2.37%

+0.09% Post

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).

earnings-and-revenue-history — NYSE:VATE Earnings and Revenue History November 9th 2024

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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