Voltronic Power Technology Third Quarter 2024 Earnings: EPS Misses Expectations

Voltronic Power Technology (TWSE:6409) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$6.70b (up 50% from 3Q 2023).
• Net income: NT$1.23b (up 95% from 3Q 2023).
• Profit margin: 18% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$28.16 (up from NT$7.22 in 3Q 2023).

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

Voltronic Power Technology EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 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 10% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Voltronic Power Technology you should know about.

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