Norway's Smartoptics Q4 revenue rises 37.7%, helped by strong data center demand

Smartoptics ASA

19/02/2026 05:17

Overview

Norway optical networking firm's Q4 revenue rose 37.7% yr/yr

Q4 EBITDA missed analyst expectations

Company saw strong demand in data centers and AI-driven workloads

Outlook

Smartoptics targets EBIT margin of 13-16% by 2030

Company sees strong demand for scalable optical networks driven by AI

Smartoptics Board proposes dividend of NOK 0.60 per share

Result Drivers

OPTICAL DEVICES - Record quarter for Optical Devices contributed significantly to revenue growth

INVESTMENT INCREASE - Increased investment in data centers and AI-driven workloads boosted demand

NEW ORDERS - Secured new orders from major operators and Internet Content Providers in EMEA and the US

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$23.20 mln
$21 mln (1 Analyst)
Q4 Gross Margin
46.10%
Q4 EBITDA
Miss
$3.60 mln
$4 mln (1 Analyst)

Analyst Coverage

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

The average consensus recommendation for the communications & networking peer group is "buy"

Wall Street's median 12-month price target for Smartoptics Group ASA is NOK32.00, about 0.3% below its February 18 closing price of NOK32.10

The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 41 three months ago

Press Release: ID:nWkr6mkn9P

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(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.)