Horiba ( (JP:6856) ) has issued an update.
HORIBA, Ltd. reported its consolidated financial results for the fiscal year ending December 31, 2024, showing a 9.2% increase in net sales compared to the previous year. However, the company experienced a decrease in net income attributable to shareholders by 16.7%, reflecting challenges in profitability despite revenue growth. The company forecasts continued growth in net sales and income for the fiscal year 2025, aiming for a 7.1% increase in net sales and a 13.1% rise in net income attributable to shareholders. This strategic outlook indicates a focus on improving financial performance and maintaining industry competitiveness.
More about Horiba
HORIBA, Ltd. operates in the manufacturing industry, primarily focusing on the development of measurement and analysis technologies. They provide an array of products, including automotive test systems, scientific instruments, and medical diagnostic equipment, with a market focus on precision measurement solutions.
YTD Price Performance: 12.03%
Average Trading Volume: 189
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.68B
See more insights into 6856 stock on TipRanks’ Stock Analysis page.