CyberAgent Second Quarter 2024 Earnings: Beats Expectations

CyberAgent (TSE:4751) Second Quarter 2024 Results

Key Financial Results

• Revenue: JP¥215.1b (up 10.0% from 2Q 2023).
• Net income: JP¥10.3b (up 31% from 2Q 2023).
• Profit margin: 4.8% (up from 4.0% in 2Q 2023).
• EPS: JP¥20.42 (up from JP¥15.61 in 2Q 2023).

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

CyberAgent Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 22%.

Looking ahead, revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Japan.

Performance of the Japanese Media industry.

The company's shares are down 3.3% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with CyberAgent.

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