In This Article:
LPKF Laser & Electronics (ETR:LPK) Second Quarter 2024 Results
Key Financial Results
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Revenue: €31.4m (up 5.6% from 2Q 2023).
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Net loss: €1.84m (loss widened by 131% from 2Q 2023).
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€0.07 loss per share (further deteriorated from €0.03 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LPKF Laser & Electronics Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.9%. Earnings per share (EPS) also surpassed analyst estimates by 30%.
Looking ahead, revenue is forecast to grow 11% 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 2.3% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on LPKF Laser & Electronics' balance sheet.
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