Spirox Third Quarter 2024 Earnings: Misses Expectations

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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