Smart Eye Full Year 2023 Earnings: EPS Beats Expectations
Smart Eye (STO:SEYE) Full Year 2023 Results
Key Financial Results
- Revenue: kr302.2m (up 38% from FY 2022).
- Net loss: kr75.5m (loss narrowed by 78% from FY 2022).
- kr2.15 loss per share (improved from kr15.31 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Smart Eye EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 71%.
Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electronic industry in Sweden.
Performance of the Swedish Electronic industry.
The company's shares are up 3.7% from a week ago.
Risk Analysis
Be aware that Smart Eye is showing 3 warning signs in our investment analysis that you should know about...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OM:SEYE
Smart Eye
Develops human insight artificial intelligence (AI) technology solutions that understands, supports, and predicts human behavior in the Nordics countries, rest of Europe, North America, Asia, and internationally.
Adequate balance sheet low.