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Basler Second Quarter 2024 Earnings: EPS: €0.017 (vs €0.017 in 2Q 2023)

In This Article:

Basler (ETR:BSL) Second Quarter 2024 Results

Key Financial Results

  • Revenue: €49.5m (down 17% from 2Q 2023).

  • Net income: €532.0k (up 3.3% from 2Q 2023).

  • Profit margin: 1.1% (up from 0.9% in 2Q 2023). The increase in margin was driven by lower expenses.

  • EPS: €0.017 (in line with 2Q 2023).

earnings-and-revenue-history
XTRA:BSL Earnings and Revenue History August 11th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Basler Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany.

Performance of the German Electronic industry.

The company's shares are up 12% 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. We've done some analysis and you can see our take on Basler's balance sheet.

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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.