Napatech A/S ( (DE:NAT) ) just unveiled an announcement.
Napatech A/S reported a revenue of DKK 116.4 million for FY-2024, with gross margins aligning with expectations at 68%, although the EBITDA was negative at DKK 92.5 million. Despite the financial challenges, Napatech made significant progress in its strategic plan, focusing on strengthening its position in the programmable NICs market. The company anticipates a return to normal buying patterns in 2025 as customers complete inventory corrections. Napatech expanded its pipeline with a record number of design wins and is well-positioned to capitalize on emerging mass market demands, supported by its partnership with Intel-Altera.
More about Napatech A/S
Napatech A/S is a leading global provider of programmable FPGA-based SmartNIC solutions, which are utilized in telecom, cloud, enterprise, cybersecurity, and financial applications worldwide. The company offers commercial-grade software suites integrated with high-performance hardware to enhance telecom, networking, and security workloads, maximizing server compute resources for applications and services.
YTD Price Performance: -7.28%
Average Trading Volume: 949
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €214.7M
Learn more about NAT stock on TipRanks’ Stock Analysis page.