Stock Analysis

Atos Full Year 2023 Earnings: Misses Expectations

ENXTPA:ATO
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Atos (EPA:ATO) Full Year 2023 Results

Key Financial Results

  • Revenue: €10.7b (down 5.7% from FY 2022).
  • Net loss: €3.44b (loss widened by 240% from FY 2022).
  • €31.04 loss per share (further deteriorated from €9.15 loss in FY 2022).
earnings-and-revenue-growth
ENXTPA:ATO Earnings and Revenue Growth March 28th 2024

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

Atos Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates significantly.

Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 6.9% growth forecast for the IT industry in France.

Performance of the French IT industry.

The company's shares are up 4.5% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Atos (1 is significant) you should be aware of.

Valuation is complex, but we're helping make it simple.

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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.