Vaisala Oyj First Quarter 2024 Earnings: EPS Beats Expectations

Vaisala Oyj (HEL:VAIAS) First Quarter 2024 Results

Key Financial Results

• Revenue: €112.1m (down 15% from 1Q 2023).
• Net income: €5.20m (down 46% from 1Q 2023).
• Profit margin: 4.6% (down from 7.3% in 1Q 2023). The decrease in margin was driven by lower revenue.
• EPS: €0.14 (down from €0.27 in 1Q 2023).

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

Vaisala Oyj EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 40%.

Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Electronic industry in Finland.

Performance of the Finnish Electronic industry.

The company's shares are up 8.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Vaisala Oyj's balance sheet and an in-depth analysis of the company's financial position.

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