Global Unichip (TWSE:3443) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$6.72b (up 2.0% from 2Q 2023).
- Net income: NT$907.4m (up 8.2% from 2Q 2023).
- Profit margin: 14% (in line with 2Q 2023).
- EPS: NT$6.78 (up from NT$6.26 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Global Unichip Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%.
Looking ahead, revenue is forecast to grow 25% 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.
Risk Analysis
It is worth noting though that we have found 1 warning sign for Global Unichip that you need to take into consideration.
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About TWSE:3443
Global Unichip
Researches, develops, produces, tests, and sells embedded memory and logic components, cell libraries, and EDA tools for various application ICs in China, the United States, Taiwan, Japan, Korea, and Europe.
Exceptional growth potential with flawless balance sheet and pays a dividend.