Elmos Semiconductor Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Elmos Semiconductor (ETR:ELG) Third Quarter 2024 Results

Key Financial Results

• Revenue: €156.6m (up 3.4% from 3Q 2023).
• Net income: €25.5m (down 8.7% from 3Q 2023).
• Profit margin: 16% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: €1.49 (down from €1.63 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Elmos Semiconductor Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Germany.

Performance of the German Semiconductor industry.

The company's shares are up 15% from a week ago.

Valuation

Elmos Semiconductor's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.

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