Accsys Technologies Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
Accsys Technologies (LON:AXS) Full Year 2023 Results
Key Financial Results
Revenue: €162.0m (up 34% from FY 2022).
Net loss: €69.9m (down from €2.34m profit in FY 2022).
€0.19 loss per share (down from €0.012 profit in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Accsys Technologies Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) missed analyst estimates by 27%.
Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 2 years, while revenues in the Forestry industry in Europe are expected to remain flat.
Performance of the market in the United Kingdom.
The company's shares are up 5.1% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for Accsys Technologies that we have uncovered.
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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.
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