Yahoo Finance SMA Solar Technology Full Year 2022 Earnings: Beats Expectations
SMA Solar Technology (ETR:S92) Full Year 2022 Results
Key Financial Results
Revenue: €1.07b (up 8.4% from FY 2021).
Net income: €55.8m (up from €23.0m loss in FY 2021).
Profit margin: 5.2% (up from net loss in FY 2021).
EPS: €1.61 (up from €0.66 loss in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
SMA Solar Technology Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 129%.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Semiconductor industry in Germany.
Performance of the German Semiconductor industry.
The company's shares are up 25% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for SMA Solar Technology that you should be aware of.
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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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