Laster Tech Third Quarter 2024 Earnings: In Line With Expectations

Laster Tech (TWSE:3346) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$2.45b (down 3.8% from 3Q 2023).
• Net income: NT$74.9m (down 22% from 3Q 2023).
• Profit margin: 3.1% (down from 3.8% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: NT$0.65 (down from NT$0.85 in 3Q 2023).

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

Laster Tech Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 9.2% 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 2.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Laster Tech that we have uncovered.

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