CML Microsystems (LON:CML) Posts Quarterly Earnings Results

CML Microsystems (LON:CML) announced its quarterly earnings data on Wednesday. The company reported GBX (0.33) EPS for the quarter, Digital Look Earnings reports. The company had revenue of GBX 2,045 million for the quarter. CML Microsystems had a return on equity of 2.29% and a net margin of 5.77%.

CML Microsystems Stock Performance

CML Microsystems stock opened at GBX 260 on Friday. The firm has a 50 day simple moving average of GBX 276.81 and a 200-day simple moving average of GBX 264.47. CML Microsystems has a 1-year low of GBX 194 and a 1-year high of GBX 380. The company has a debt-to-equity ratio of 4.04, a current ratio of 3.33 and a quick ratio of 6.38. The stock has a market cap of £43.31 million, a price-to-earnings ratio of 36.57 and a beta of 0.20.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of CML Microsystems in a report on Wednesday.

About CML Microsystems

CML develops mixed-signal, RF and microwave semiconductors for global communications markets. The Group utilises a combination of outsourced manufacturing and in-house testing with trading operations in the UK, Asia and USA. CML targets sub-segments within Communication markets with strong growth profiles and high barriers to entry. It has secured a diverse, blue chip customer base, including some of the world’s leading commercial and industrial product manufacturers.

The spread of its customers and diversity of the product range largely protects the business from the cyclicality usually associated with the semiconductor industry.