Stock Analysis
Smartoptics Group (OB:SMOP) Full Year 2023 Results
Key Financial Results
- Revenue: US$58.5m (up 1.9% from FY 2022).
- Net income: US$7.47m (up 10.0% from FY 2022).
- Profit margin: 13% (up from 12% in FY 2022).
- EPS: US$0.078 (up from US$0.071 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Smartoptics Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 1.4%.
Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 2.2% growth forecast for the Communications industry in Europe.
Performance of the market in Norway.
The company's shares are down 1.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Smartoptics Group that you should be aware of.
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About OB:SMOP
Smartoptics Group
Smartoptics Group AS provides optical networking solutions and devices worldwide.
Exceptional growth potential with solid track record.