Realtek Semiconductor Second Quarter 2024 Earnings: In Line With Expectations

Realtek Semiconductor (TWSE:2379) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$30.7b (up 17% from 2Q 2023).
• Net income: NT$4.39b (up 68% from 2Q 2023).
• Profit margin: 14% (up from 9.9% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$8.55 (up from NT$5.08 in 2Q 2023).

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

Realtek Semiconductor Earnings Insights

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's shares are up 12% from a week ago.

Risk Analysis

Be aware that Realtek Semiconductor is showing 1 warning sign in our investment analysis that you should know about...

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