XP Power Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags
XP Power (LON:XPP) Full Year 2023 Results
Key Financial Results
Revenue: UK£316.4m (up 9.0% from FY 2022).
Net loss: UK£9.20m (loss narrowed by 54% from FY 2022).
UK£0.45 loss per share (improved from UK£1.02 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
XP Power Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to stay flat 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 up 2.7% from a week ago.
Risk Analysis
We should say that we've discovered 3 warning signs for XP Power (2 are concerning!) that you should be aware of before investing here.
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