Basler shares remained stable following mixed Q4 results.
Basler shares remained unchanged today following the release of the company's mixed fourth-quarter financial results. The German technology firm reported revenues of €47.0 million, reflecting a 3% year-over-year increase and a 7% rise compared to the previous quarter. The company exceeded financial services consensus expectations by 2%. However, despite the revenue growth, earnings before tax (EBT) fell to -€7.1 million from -€4.1 million in the same period last year.
The company saw a significant improvement in new orders, reaching €58.9 million, marking a 53% increase year-over-year and a 44% rise from the third quarter. Consequently, the order-to-bill ratio improved to 1.3x, a notable recovery from 0.9x in the third quarter of 2024. Despite a slight decline in free cash flow (FCF) to -€0.1 million from €1.9 million last year, these trends indicate potential for recovery in a challenging market environment.