Calnex Solutions Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Calnex Solutions (LON:CLX) Full Year 2024 Results

Key Financial Results

• Revenue: UK£16.3m (down 41% from FY 2023).
• Net income: UK£40.0k (down 99% from FY 2023).
• Profit margin: 0.2% (down from 22% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: UK£0.001 (down from UK£0.068 in FY 2023).

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

Calnex Solutions EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Communications industry in the United Kingdom.

Performance of the British Communications industry.

The company's shares are down 20% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Calnex Solutions (at least 1 which is significant), and understanding these should be part of your investment process.

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