Nanya Technology Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Nanya Technology (TWSE:2408) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$9.92b (up 41% from 2Q 2023).
• Net loss: NT$813.0m (loss widened by 5.5% from 2Q 2023).
• NT$0.26 loss per share (further deteriorated from NT$0.25 loss in 2Q 2023).

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

Nanya Technology EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 5.2%.

Looking ahead, revenue is forecast to grow 33% 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 down 7.3% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Nanya Technology's balance sheet and an in-depth analysis of the company's financial position.

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