Schweizer Electronic (ETR:SCE) First Quarter 2023 Results

Key Financial Results

• Revenue: €37.1m (up 6.8% from 1Q 2022).

• Net loss: €3.31m (loss narrowed by 39% from 1Q 2022).

• €0.88 loss per share (improved from €1.44 loss in 1Q 2022).

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

Schweizer Electronic Earnings Insights

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Germany.

Performance of the German Electronic industry.

The company's shares are up 18% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 4 warning signs for Schweizer Electronic (1 is a bit unpleasant!) 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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