Nanya Technology (TWSE:2408) First Quarter 2024 Results
Key Financial Results
- Revenue: NT$9.50b (up 48% from 1Q 2023).
- Net loss: NT$1.21b (loss narrowed by 28% from 1Q 2023).
- NT$0.39 loss per share (improved from NT$0.54 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nanya Technology Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 1.9%.
Looking ahead, revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan.
Performance of the Taiwanese Semiconductor industry.
The company's shares are up 5.3% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Nanya Technology that you should be aware of.
Valuation is complex, but we're here to simplify it.
Discover if Nanya Technology might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About TWSE:2408
Nanya Technology
Research, develops, manufactures, and sells semiconductor products in Taiwan, Japan, Malaysia, China, the United States, Thailand, Germany, Singapore, Poland and internationally.
High growth potential and fair value.