Norwood Financial (NASDAQ:NWFL) Q1 2024 Results
Main financial results
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Revenue: USD 17.3 million (down 2.1% from Q1 2023).
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Net profit: USD 4.43 million (down 23% from Q1 2023).
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Margin: 26% (down from 33% in Q1 2023). The decrease in profit margin was primarily due to an increase in expenses.
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EPS: USD 0.55 (down from USD 0.71 in Q1 2023).
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Norwood Financial's stock price is almost unchanged from a week ago.
risk analysis
There is still a need to consider the ever-present concern of investment risk. We've identified 1 warning sign We are affiliated with Norwood Financial and understanding this should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
