Nera Telecommunications Full Year 2023 Earnings: EPS: S$0.016 (vs S$0.02 loss in FY 2022)

Nera Telecommunications (SGX:N01) Full Year 2023 Results

Key Financial Results

• Revenue: S$141.7m (up 6.9% from FY 2022).
• Net income: S$5.67m (up from S$7.29m loss in FY 2022).
• Profit margin: 4.0% (up from net loss in FY 2022).
• EPS: S$0.016 (up from S$0.02 loss in FY 2022).

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

The primary driver behind last 12 months revenue was the Network Infrastructure (NI) segment contributing a total revenue of S$113.4m (80% of total revenue). Notably, cost of sales worth S$110.5m amounted to 78% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to S$16.5m (54% of total expenses). Over the last 12 months, the company's earnings were enhanced by non-operating gains of S$4.79m. Explore how N01's revenue and expenses shape its earnings.

Nera Telecommunications shares are down 1.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Nera Telecommunications (1 doesn't sit too well with us!) that you should be aware of.

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