Siemens Energy posts 16.6% jump in revenue, lower losses in Q4 [Yahoo! Finance]
SIEMENS AG SPONS ADR (SIEGY)
NASDAQ:AMEX Investor Relations:
siemens.com/investor
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Source: Yahoo! Finance
Operating loss decreased to €178 million from €615 million in the prior year. Net loss was €292 million or €0.34 per share compared with €899 million or €1.04 per share loss last year. Siemens Energy's net loss before special items was €83 million, lower than the €487 million loss a year ago. Revenue for the quarter increased 16.6% to €9.741 billion from €8.521 billion in the previous year, primarily due to strong revenue growth in Grid Technologies and Siemens Gamesa. Orders came in at €15 billion, up 42.3% on a comparable basis. For fiscal 2025, the company expects comparable revenue growth in a range of 8% to 10%. The company also expects net income to be around break-even for the year.
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SIEGY
News
- Isaac Ullatil Joins Wellstack Board of Directors [Yahoo! Finance]Yahoo! Finance
- Siemens Aktiengesellschaft (OTCMKTS: SIEGY) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating.MarketBeat
- ECHOLIGHT ANNOUNCES MULTI-YEAR AGREEMENT WITH SIEMENS HEALTHINEERS [Yahoo! Finance]Yahoo! Finance
- Optomec and Siemens Deliver Next Generation Manufacturing Solution for High Value Metal Repair [Yahoo! Finance]Yahoo! Finance
- Siemens AG (SIEGY) Q4 2024 Earnings Call Highlights: Strong Cash Flow and Dividend Increase ... [Yahoo! Finance]Yahoo! Finance
SIEGY
Analyst Actions
- 10/5/24 - Citigroup Inc.
SIEGY
Sec Filings
- 11/14/24 - Form 13F-HR
- 8/30/24 - Form N-PX
- SIEGY's page on the SEC website