Gamma Communications Full Year 2023 Earnings: EPS Misses Expectations
Gamma Communications (LON:GAMA) Full Year 2023 Results
Key Financial Results
Revenue: UK£521.7m (up 7.7% from FY 2022).
Net income: UK£53.6m (up 8.7% from FY 2022).
Profit margin: 10% (in line with FY 2022).
EPS: UK£0.55 (up from UK£0.51 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gamma Communications EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 16%.
The primary driver behind last 12 months revenue was the Gamma Business segment contributing a total revenue of UK£353.9m (68% of total revenue). The largest operating expense was General & Administrative costs, amounting to UK£152.9m (72% of total expenses). Explore how GAMA's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe.
Performance of the market in the United Kingdom.
The company's share price is broadly unchanged from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Gamma Communications' balance sheet health.
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