Stock Analysis
AcBel Polytech (TWSE:6282) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$8.43b (down 14% from 3Q 2023).
- Net loss: NT$222.2m (down by 410% from NT$71.6m profit in 3Q 2023).
- NT$0.27 loss per share (down from NT$0.095 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AcBel Polytech Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Electrical industry in Taiwan.
Performance of the Taiwanese Electrical industry.
The company's shares are down 4.5% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for AcBel Polytech that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TWSE:6282
AcBel Polytech
Provides power management solutions worldwide.
