Stock Analysis
Gamma Communications Full Year 2023 Earnings: EPS Misses Expectations
Gamma Communications (LON:GAMA) Full Year 2023 Results
Key Financial Results
- Revenue: UK£521.7m (up 7.7% from FY 2022).
- Net income: UK£53.6m (up 8.7% from FY 2022).
- Profit margin: 10% (in line with FY 2022).
- EPS: UK£0.55 (up from UK£0.51 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gamma Communications EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe.
Performance of the market in the United Kingdom.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Gamma Communications' balance sheet.
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About AIM:GAMA
Gamma Communications
Engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe.