VIGO Photonics: A recap of 2023 financial results

VIGO Photonics S.A. (WSE: VGO), a global manufacturer of the most advanced mid-infrared photonic detectors and detection modules as well as semiconductor materials, has released its fourth quarter and 2023 results.

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VIGO revenue estimates for Q1 2024

VIGO Photonics S.A. (WSE: VGO), a global technology-based manufacturer of the most advanced photonic mid-infrared detectors and sensing modules as well as semiconductor materials, achieved consolidated revenues of PLN 15.8 million in Q1 2024 (-16% y/y). The order backlog in the period amounted to nearly PLN 38 million, marking a 90% y/y increase.

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VIGO revenue estimates in Q3 2023

H1 2023 revenues amounted to PLN 37.0 million (+20.4% y/y) Increase in revenues of the military segment to PLN 6.3 million (+31% y/y), good prospects for the segment - a new contract with the PGZ Group

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