REC Silicon (OB:RECSI) Full Year 2024 Results
Key Financial Results
- Revenue: US$140.8m (flat on FY 2023).
- Net loss: US$104.3m (down by 209% from US$95.9m profit in FY 2023).
- US$0.25 loss per share (down from US$0.23 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
REC Silicon Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 135%.
The primary driver behind last 12 months revenue was the Semiconductor Materials segment contributing a total revenue of US$140.7m (100% of total revenue). Explore how RECSI's revenue and expenses shape its earnings.
Looking ahead, revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Semiconductor industry in Europe are expected to grow by 10%.
Performance of the market in Norway.
The company's shares are up 5.8% from a week ago.
Risk Analysis
You still need to take note of risks, for example - REC Silicon has 5 warning signs (and 2 which shouldn't be ignored) we think you should know about.
Valuation is complex, but we're here to simplify it.
Discover if REC Silicon might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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