Softing Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Softing (ETR:SYT) Full Year 2024 Results

Key Financial Results

• Revenue: €100.7m (down 15% from FY 2023).
• Net loss: €1.82m (loss narrowed by 69% from FY 2023).
• €0.20 loss per share (improved from €0.65 loss in FY 2023).

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

Softing Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 183%.

Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electronic industry in Germany.

Performance of the German Electronic industry.

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

Risk Analysis

You still need to take note of risks, for example - Softing 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.