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- TWSE:3055
Spirox Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Spirox (TWSE:3055) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$166.4m (down 54% from 2Q 2023).
- Net loss: NT$10.1m (loss narrowed by 79% from 2Q 2023).
- NT$0.09 loss per share (improved from NT$0.43 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Spirox EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 32%. Earnings per share (EPS) exceeded analyst estimates by 80%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 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 8.3% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Spirox, and understanding it should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TWSE:3055
Spirox
Engages in the provision of integrated solutions to the semiconductor and FPD industries in Taiwan, China, and internationally.
Adequate balance sheet with concerning outlook.