SDI Group Full Year 2023 Earnings: Misses Expectations

SDI Group (LON:SDI) Full Year 2023 Results

Key Financial Results

• Revenue: UK£67.6m (up 36% from FY 2022).
• Net income: UK£3.87m (down 49% from FY 2022).
• Profit margin: 5.7% (down from 15% in FY 2022).
• EPS: UK£0.038 (down from UK£0.075 in FY 2022).

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

SDI Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 47%.

Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Electronic industry in the United Kingdom.

Performance of the British Electronic industry.

The company's shares are down 6.6% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for SDI Group that we have uncovered.

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