Spirox (TWSE:3055) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$220.7m (down 29% from 3Q 2023).
- Net loss: NT$47.8m (loss narrowed by 60% from 3Q 2023).
- NT$0.43 loss per share (improved from NT$1.03 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Spirox Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 36%. Earnings per share (EPS) also missed analyst estimates.
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan.
Performance of the Taiwanese Semiconductor industry.
The company's shares are down 4.8% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for Spirox that you need to be mindful of.
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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.
