In This Article:
Stemmer Imaging (ETR:S9I) First Quarter 2024 Results
Key Financial Results
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Revenue: €27.5m (down 32% from 1Q 2023).
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Net income: €2.23m (down 51% from 1Q 2023).
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Profit margin: 8.1% (down from 11% in 1Q 2023). The decrease in margin was driven by lower revenue.
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EPS: €0.34 (down from €0.70 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Stemmer Imaging EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.9%.
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 Electronic industry in Germany.
Performance of the German Electronic industry.
The company's shares are up 3.8% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for Stemmer Imaging you should be aware of.
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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.