Nordic Semiconductor Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line

Nordic Semiconductor (OB:NOD) Full Year 2024 Results

Key Financial Results

• Revenue: US$511.4m (down 5.8% from FY 2023).
• Net loss: US$38.5m (down from US$7.65m profit in FY 2023).
• US$0.20 loss per share (down from US$0.04 profit in FY 2023).

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

Nordic Semiconductor Revenues Beat Expectations

Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Europe.

Performance of the market in Norway.

The company's shares are up 26% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Nordic Semiconductor that you should be aware of.

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