Filtronic (LON:FTC) Releases Earnings Results

Key Points

• Filtronic reported a quarterly earnings per share of GBX 6.42 ($0.09) with a return on equity of 24.34% and a net margin of 12.35%.
• The company has a current market cap of £331.06 million, a P/E ratio of 104.50, and stock performance within a 12-month range of GBX 58 to GBX 175.
• Filtronic specializes in the design and manufacturing of high-frequency communication solutions for industries such as telecommunications, space, aerospace, and defense.

Filtronic (LON:FTC - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 6.42 ($0.09) earnings per share for the quarter, Digital Look Earnings reports. Filtronic had a net margin of 12.35% and a return on equity of 24.34%.

Filtronic Stock Down 3.9%

LON:FTC traded down GBX 6 ($0.08) during trading hours on Wednesday, reaching GBX 149 ($1.98). The company's stock had a trading volume of 1,118,448 shares, compared to its average volume of 1,686,040. The company has a market cap of £323.47 million, a price-to-earnings ratio of 102.11 and a beta of 0.87. Filtronic has a one year low of GBX 58 ($0.77) and a one year high of GBX 175 ($2.32). The business's 50-day moving average is GBX 149.49 and its 200-day moving average is GBX 118.58. The company has a debt-to-equity ratio of 20.36, a current ratio of 2.08 and a quick ratio of 2.13.

About Filtronic

For leading global telecommunications, space, aerospace, and defence organisations, Filtronic provides the design and manufacturing of complex high-frequency, communication solutions. In today's data-driven world, Filtronic excels in transmitting vast amounts of analog data quickly and accurately over long distances.