France's MEMSCAP Q4 revenue rises 17% driven by growth in aerospace unit

Memscap SA

27/01/2026 17:42

Overview

France-based MEMS sensor provider's Q4 revenue rose 17%, driven by aerospace and optical growth

Aerospace segment revenue increased 25%, offsetting declines in medical orders

Company achieved positive quarterly adjusted EBITDA of €498 thousand

Outlook

MEMSCAP sees growth driven by aerospace 'Engine Control' and 'Fluid Systems' programs

Company emphasizes sustainable and profitable industrial model for future growth

MEMSCAP expects aerospace to be main driver of future performance and profitability

Result Drivers

AEROSPACE GROWTH - Aerospace segment revenue increased 25%, driven by 'Engine Control' and 'Fluid Systems' programs

OPTICAL COMMUNICATIONS - Optical communications segment revenue rose significantly, contributing to overall growth

MEDICAL DECLINE - Medical segment revenue declined due to lower orders from major customers

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
EUR 355,000
Q4 Adjusted EBITDA
EUR 498,000
Q4 Operating Expenses
EUR 1.02 mln
Q4 Operating Income
EUR 317,000
Q4 Revenue continuing operations
EUR 3.22 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the semiconductors peer group is "buy."

Wall Street's median 12-month price target for Memscap SA is €6.00, about 46.2% above its January 27 closing price of €4.11

The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nBw6X1Bja

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)