KULR Earnings Prediction
The chart below shows how KULR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, KULR sees a -7.23% change in stock price 10 days leading up to the earnings, and a -9.57% change 10 days following the report. On the earnings day itself, the stock moves by +3.65%. This data can give you a slight idea of what to expect for the next quarter's release.
KULR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.19M
4.76%
30.99%
Gross Margin
70.86%
61.12%
200.89%
Operating Margin
-53.69%
-67.97%
-75.49%
Net Margin
-62.90%
-65.61%
-74.03%
EPS
-0.01
-80.00%
-66.67%
No Data Available
KULR Earnings Analysis
KULR Technology Group, Inc. Corporation (KULR.A) Earnings Conference Call
Positive
Record Revenue Achievement: In Q3 2024, we achieved record revenue of approximately $3.19 million.
Customer Growth Surge: Total paying customers for the quarter increased 83%.
Engineering Service Revenue Growth: Engineering service revenue increased 22%.
Customer Revenue Surge: Engineering service revenue customers increased 143%.
Customer Revenue Surge: Product revenue customers increased 54%.
Negative
Product Revenue Decline: Product revenue was approximately $765,000, which was down 60% from the same period last year.
Decreased Customer Concentration: Customer concentration is down 38% for the third quarter of this year compared to last year.
Customer Concentration Decline: Customer concentration is down 46% for the nine months ended the third quarter of this year versus the same period last year.
Customer Growth vs. Revenue Decline: Total paying product customers numbered 20, up about 54% from the same quarter last year, but this growth is not sufficient to offset the decline in product revenue.
Earnings Per Share Improvement: Earnings per share for the third quarter was a $0.01 loss, which is an improvement of about 80% from the same period last year.
KULR FAQs
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KULR Earning Call Sentiment
KULR Technology Group, Inc. (KULR) Q3 2024 Earnings Call Transcript
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00:00
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KULR.A
14.17%Positive
The earnings call reveals positive indicators: a record revenue quarter, improved gross margins, and reduced operating expenses. The Q&A highlights upcoming product launches and strategic customer base diversification. Despite supply chain challenges, the optimistic guidance and strong financial metrics, including a significant licensing deal, suggest a favorable outlook. However, the lack of a share buyback or dividend program slightly tempers the sentiment. Overall, the positive financial performance and strategic initiatives outweigh the risks, suggesting a positive stock price movement in the short term.
