Visco Vision Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Visco Vision (TWSE:6782) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$1.04b (up 60% from 3Q 2023).
• Net income: NT$198.5m (up 99% from 3Q 2023).
• Profit margin: 19% (up from 15% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$3.15 (up from NT$1.58 in 3Q 2023).

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

Visco Vision Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) missed analyst estimates by 4.8%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Medical Equipment industry in Taiwan.

Performance of the Taiwanese Medical Equipment industry.

The company's shares are down 4.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Visco Vision's balance sheet health.

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