SÜSS MicroTec Third Quarter 2024 Earnings: Beats Expectations

SÜSS MicroTec (ETR:SMHN) Third Quarter 2024 Results

Key Financial Results

• Revenue: €102.5m (up 46% from 3Q 2023).
• Net income: €12.9m (up by €12.5m from 3Q 2023).
• Profit margin: 13% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: €0.68 (up from €0.019 in 3Q 2023).

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

SÜSS MicroTec Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 28%.

Looking ahead, revenue is forecast to grow 11% 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 share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for SÜSS MicroTec you should be aware of, and 1 of them shouldn't be ignored.

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