OptoelectronicsLtd Third Quarter 2024 Earnings: JP¥1.62 loss per share (vs JP¥25.58 loss in 3Q 2023)

OptoelectronicsLtd (TSE:6664) Third Quarter 2024 Results

Key Financial Results

• Revenue: JP¥1.48b (down 16% from 3Q 2023).
• Net loss: JP¥10.0m (loss narrowed by 94% from 3Q 2023).
• JP¥1.62 loss per share (improved from JP¥25.58 loss in 3Q 2023).

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

OptoelectronicsLtd shares are up 1.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 3 warning signs for OptoelectronicsLtd (1 is concerning!) that you need to be mindful of.

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