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Investing.com -- Shares of Basler surged 6.2% following the release of its first-quarter financial results, which showed a significant increase in revenue and profitability compared to the prior year.
The German vision technology company reported a 37% increase in revenue year-over-year (YoY), totaling €59.5 million, and a substantial improvement in earnings before taxes (EBT), which came in at €6.0 million compared to a loss of €3.6 million in the same period last year.
The company’s performance exceeded expectations, with a 27% quarter-over-quarter (QoQ) increase in revenue, though new orders saw a decline of 12% QoQ. Despite this, new orders were still up 18% YoY, indicating sustained demand for Basler’s products. The book-to-bill ratio stood at 0.9x, lower than the 1.3x reported in the fourth quarter of 2024.
Basler’s financial position also showed signs of improvement. Free cash flow (FCF) was reported at -€2.2 million, which, while negative, is an improvement from the -€3.4 million reported in the previous year.
Looking ahead, Basler confirmed its full-year 2025 guidance, projecting revenue to be in the range of €186 million to €198 million, representing a growth of 1% to 8% YoY. This forecast aligns with the consensus for a 4% YoY increase.
The company also anticipates an EBT margin between 0 to 5.0%, with an implied midpoint of €4.8 million, slightly above the consensus estimate of €4.1 million.
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