ecotel communication ag Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

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ecotel communication ag (ETR:E4C) Full Year 2023 Results

Key Financial Results

  • Revenue: €113.3m (up 21% from FY 2022).

  • Net income: €5.68m (down 41% from FY 2022).

  • Profit margin: 5.0% (down from 10% in FY 2022). The decrease in margin was driven by higher expenses.

  • EPS: €2.12 (down from €2.72 in FY 2022).

earnings-and-revenue-growth
XTRA:E4C Earnings and Revenue Growth March 16th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

ecotel communication ag Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 9.4%.

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany.

Performance of the German Telecom industry.

The company's shares are down 5.5% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for ecotel communication ag that you need to take into consideration.

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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.