CML Microsystems (LON:CML) Announces Quarterly Earnings Results

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

CML Microsystems Trading Up 1.9%

Shares of CML stock opened at GBX 280 on Thursday. 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 company has a market cap of £46.65 million, a price-to-earnings ratio of 39.38 and a beta of 0.20. The stock has a 50 day simple moving average of GBX 275.86 and a 200-day simple moving average of GBX 264.75. CML Microsystems has a 1-year low of GBX 194 and a 1-year high of GBX 380.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “house stock” rating on shares of CML Microsystems in a research 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.