Dialight First Half 2023 Earnings: UK£0.092 loss per share (vs UK£0.037 profit in 1H 2022)
Dialight (LON:DIA) First Half 2023 Results
Key Financial Results
Revenue: UK£73.2m (down 9.4% from 1H 2022).
Net loss: UK£3.00m (down by 350% from UK£1.20m profit in 1H 2022).
UK£0.092 loss per share (down from UK£0.037 profit in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Dialight Earnings Insights
Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in the United Kingdom.
Performance of the British Electrical industry.
The company's shares are down 17% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Dialight, and understanding it should be part of your investment process.
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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.
