Stock Analysis

Manz Second Quarter 2024 Earnings: €0.97 loss per share (vs €0.36 profit in 2Q 2023)

Published
XTRA:M5Z

Manz (ETR:M5Z) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €67.9m (down 3.9% from 2Q 2023).
  • Net loss: €8.31m (down by 366% from €3.12m profit in 2Q 2023).
  • €0.97 loss per share (down from €0.36 profit in 2Q 2023).
XTRA:M5Z Earnings and Revenue Growth August 8th 2024

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

Manz Earnings Insights

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Semiconductor industry in Germany.

Performance of the German Semiconductor industry.

The company's shares are up 1.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Manz has 2 warning signs we think 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.