Tokyo Electron Device Full Year 2024 Earnings: Revenues Disappoint

Tokyo Electron Device (TSE:2760) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥242.9b (up 1.1% from FY 2023).
• Net income: JP¥9.99b (up 14% from FY 2023).
• Profit margin: 4.1% (up from 3.7% in FY 2023).
• EPS: JP¥333 (up from JP¥295 in FY 2023).

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

Tokyo Electron Device Revenues Disappoint

Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Electronic industry in Japan.

Performance of the Japanese Electronic industry.

The company's shares are up 1.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Tokyo Electron Device you should be aware of, and 1 of them is significant.

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