Tazmo Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Tazmo (TSE:6266) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥8.50b (down 1.2% from 3Q 2023).
• Net income: JP¥1.03b (down 27% from 3Q 2023).
• Profit margin: 12% (down from 16% in 3Q 2023). The decrease in margin was primarily driven by higher expenses.
• EPS: JP¥70.08 (down from JP¥95.78 in 3Q 2023).

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

Tazmo EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 10%. Earnings per share (EPS) exceeded analyst estimates by 46%.

Looking ahead, revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Japan.

Performance of the Japanese Semiconductor industry.

The company's shares are down 17% from a week ago.

Valuation

Tazmo'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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