u-blox Holding First Half 2024 Earnings: CHF3.51 loss per share (vs CHF6.52 profit in 1H 2023)

u-blox Holding (VTX:UBXN) First Half 2024 Results

Key Financial Results

• Revenue: CHF121.1m (down 64% from 1H 2023).
• Net loss: CHF25.8m (down by 156% from CHF46.1m profit in 1H 2023).
• CHF3.51 loss per share (down from CHF6.52 profit in 1H 2023).

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

u-blox Holding Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Europe.

Performance of the market in Switzerland.

The company's shares are down 1.2% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for u-blox Holding that you need to be mindful of.

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