Loihde Oyj Full Year 2023 Earnings: EPS Misses Expectations

Loihde Oyj (HEL:LOIHDE) Full Year 2023 Results

Key Financial Results

• Revenue: €132.8m (up 7.6% from FY 2022).
• Net loss: €620.0k (down by 120% from €3.05m profit in FY 2022).
• €0.11 loss per share (down from €0.53 profit in FY 2022).

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

Loihde Oyj EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in Finland.

Performance of the Finnish Software industry.

The company's shares are down 5.1% from a week ago.

Risk Analysis

Be aware that Loihde Oyj is showing 2 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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