Spectra Systems First Half 2024 Earnings: EPS: US$0.11 (vs US$0.10 in 1H 2023)

Spectra Systems (LON:SPSY) First Half 2024 Results

Key Financial Results

• Revenue: US$22.7m (up 96% from 1H 2023).
• Net income: US$5.25m (up 11% from 1H 2023).
• Profit margin: 23% (down from 41% in 1H 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.11 (up from US$0.10 in 1H 2023).

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

Spectra Systems Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Electronic industry in the United Kingdom.

Performance of the British Electronic industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Spectra Systems that we have uncovered.

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