Yahoo Finance Oxford Instruments Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags
Oxford Instruments (LON:OXIG) Full Year 2024 Results
Key Financial Results
Revenue: UK£470.4m (up 5.8% from FY 2023).
Net income: UK£50.7m (down 14% from FY 2023).
Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses.
EPS: UK£0.88 (down from UK£1.02 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Oxford Instruments Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 7.8%.
The primary driver behind last 12 months revenue was the Materials & Characterisation segment contributing a total revenue of UK£252.2m (54% of total revenue). The largest operating expense was Sales & Marketing costs, amounting to UK£74.5m (39% of total expenses). Explore how OXIG's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Electronic industry in the United Kingdom.
Performance of the British Electronic industry.
The company's shares are up 8.8% 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 have a graphic representation of Oxford Instruments' balance sheet and an in-depth analysis of the company's financial position.
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