- United Kingdom
- /
- Communications
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- AIM:MWE
M.T.I Wireless Edge Second Quarter 2024 Earnings: EPS: US$0.011 (vs US$0.01 in 2Q 2023)
M.T.I Wireless Edge (LON:MWE) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$11.1m (flat on 2Q 2023).
- Net income: US$948.0k (up 9.3% from 2Q 2023).
- Profit margin: 8.6% (up from 7.8% in 2Q 2023).
- EPS: US$0.011 (up from US$0.01 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
M.T.I Wireless Edge Earnings Insights
Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Communications industry in the United Kingdom.
Performance of the British Communications industry.
The company's shares are up 8.1% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for M.T.I Wireless Edge that we have uncovered.
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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.
About AIM:MWE
M.T.I Wireless Edge
Engages in design, development, manufacture, and marketing of antennas for the civilian and military sectors.
Flawless balance sheet established dividend payer.