u-blox Holding Full Year 2024 Earnings: Misses Expectations

u-blox Holding (VTX:UBXN) Full Year 2024 Results

Key Financial Results

• Revenue: CHF262.9m (down 54% from FY 2023).
• Net loss: CHF88.9m (loss widened by CHF80.3m from FY 2023).
• CHF12.07 loss per share (further deteriorated from CHF1.21 loss in FY 2023).

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

u-blox Holding Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 50%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Europe.

Performance of the market in Switzerland.

The company's shares are up 11% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for u-blox Holding that 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.