Siemens Gamesa Renewable Energy, S.A.

Over the last four quarters, Siemens Gamesa Renewable Energy, S.A. achieved steady financial progress, growing revenue from $2.18B in Q2 2022 to $2.008B in Q1 2023. Gross profit stayed firm with margins at -33% in Q1 2023 versus -9% in Q2 2022. Operating income totaled -$882.00M in Q1 2023, maintaining a -44% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$689.00M. Net income dropped to -$884.00M, with EPS at -$1.30. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.