How does the Q2 earnings growth compare to the same quarter last year?

Answer

The press release you referenced highlights that poLight ASA (ticker PLT) “recognized momentum in strategic markets plus market activity derived from the Strategic Investment Agreement” in its second‑quarter (Q2) results. However, the brief excerpt you provided does not include any specific financial figures—such as net revenue, operating profit, earnings per share (EPS), or comparable‑quarter metrics—that would allow a direct calculation of Q2 earnings growth versus the same quarter of the previous year.

Below is a step‑by‑step explanation of what we can and cannot determine from the information at hand, and where you can obtain the missing data needed for a precise comparison.

1. What the news tells us

Interpretation: The language (“recognized momentum,” “building on momentum”) implies that the company’s performance in Q2 2025 is at least stable or improving relative to prior periods. Companies typically use such phrasing when they have met or exceeded internal targets, or when they see a favorable trend in sales pipelines, contract wins, or market demand.

2. What we cannot determine from the excerpt

• Absolute earnings (e.g., net profit, operating profit, net income)
• Earnings per share (EPS) for Q2 2025
• Year‑over‑year (YoY) growth percentages (e.g., “Q2 2025 earnings were up 12 % versus Q2 2024”)
• Revenue or gross margin figures that could be used to infer earnings growth
• Any non‑GAAP adjustments (e.g., EBITDA, adjusted net income) that the company might present in its full earnings release

Because none of these quantitative elements are disclosed in the short summary, any attempt to quote a specific growth rate would be speculative and not grounded in the provided source.

3. How Q2 earnings growth is normally measured

When analysts or investors ask “How does the Q2 earnings growth compare to the same quarter last year?” they typically look for one of the following metrics:

The full earnings release (or the accompanying investor presentation) normally contains a “Management’s Discussion & Analysis” (MD&A) section that lists these numbers side‑by‑side for the current quarter and the prior year’s quarter, sometimes also showing a “quarter‑over‑quarter” (QoQ) comparison.

4. Where to find the missing data

To answer the question with exact numbers, you will need to locate the complete Q2 2025 earnings release for poLight ASA. Here are the most reliable sources:

1. Company’s Investor Relations website – poLight typically posts press releases, PDFs of the earnings announcement, and PowerPoint presentations under an “Investors” or “Financials” tab.
2. Oslo Stock Exchange (OSE) filings – As a listed company, poLight must file quarterly reports (e.g., “Quarterly Report – Q2 2025”) with the exchange. These are publicly accessible via the OSE’s website or through the Norwegian Financial Supervisory Authority’s (Finanstilsynet) portal.
3. Regulatory filings (e.g., annual report, interim report) – The interim report for 2025 will contain a “Comparative figures” table that shows Q2 2025 vs. Q2 2024.
4. Financial data providers – Bloomberg, Refinitiv, FactSet, or Thomson Reuters often capture the key figures and will display YoY growth percentages for EPS and net income.
5. Press coverage – Business news outlets (e.g., Bloomberg, Reuters, Financial Times) may publish a summary that includes the YoY earnings growth figure.

If you can retrieve the EPS or net income numbers for Q2 2025 and Q2 2024, you can compute the growth as follows:

[
\text{YoY Earnings Growth (\%)} = \frac{\text{EPS}{2025} - \text{EPS}{2024}}{\text{EPS}_{2024}} \times 100
]

or

[
\text{YoY Net‑Income Growth (\%)} = \frac{\text{Net Income}{2025} - \text{Net Income}{2024}}{\text{Net Income}_{2024}} \times 100
]

5. A provisional qualitative assessment (based on the language)

Even though we lack numbers, the phrasing in the release—“recognized momentum” and “building on momentum from Strategic Investment Agreement”—suggests positive or at least stable earnings performance relative to Q2 2024. Companies usually only highlight “momentum” when:

• Revenue pipelines have expanded (e.g., new contracts, higher order backlog)
• Gross margins have improved (e.g., better product mix or cost efficiencies)
• Strategic investments are beginning to generate returns (e.g., joint‑venture upside, technology licensing)

If poLight’s strategic investment is delivering “market activity,” it is plausible that Q2 2025 earnings are higher than Q2 2024, potentially in the mid‑single‑digit to low‑double‑digit percentage range—a typical magnitude for a company that is still early in the growth phase of a new partnership. However, this is an inference, not a fact, and should be treated as a hypothesis until the actual figures are reviewed.

6. Recommended next steps for you

1. Visit poLight’s Investor Relations page and download the Q2 2025 earnings release (PDF). Look for a table titled “Key financials – quarter comparison” or similar.
2. Identify the EPS (or net income) for Q2 2025 and Q2 2024. Note whether the figures are GAAP or adjusted.
3. Calculate the YoY growth using the formula above, or simply read the “% change YoY” column if the company already provides it.
4. Cross‑check with a third‑party data source (e.g., Bloomberg) to confirm the numbers and ensure there are no restatements or adjustments.
5. If you need a quick answer and do not have time to pull the documents, you can request a “financial summary” from poLight’s IR team via email or a phone call—they often provide a one‑page snapshot for analysts.

7. Sample answer you could give once the data is obtained

“In the Q2 2025 earnings release, poLight reported earnings per share of *X.XX NOK, compared with **Y.YY NOK in Q2 2024, representing a Z % year‑over‑year increase. Net income rose from A million NOK to B million NOK, a C % growth. The company attributes this improvement to the momentum generated by its recent Strategic Investment Agreement, which has accelerated market activity and expanded its order pipeline.”*

Until those numbers are at hand, the only defensible statement is that the company’s narrative points to a positive earnings trend, but the exact magnitude of Q2 2025 versus Q2 2024 earnings growth cannot be quantified from the excerpt provided.

If you can locate the full earnings release, you’ll be able to replace the placeholders (X.XX, Y.YY, Z %) with the actual figures and present a precise, data‑driven answer.