Elite Advanced Laser Second Quarter 2024 Earnings: EPS: NT$0.47 (vs NT$0.091 loss in 2Q 2023)

Elite Advanced Laser (TWSE:3450) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$1.70b (up 32% from 2Q 2023).
• Net income: NT$69.0m (up from NT$13.2m loss in 2Q 2023).
• Profit margin: 4.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
• EPS: NT$0.47 (up from NT$0.091 loss in 2Q 2023).

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

Elite Advanced Laser shares are up 3.4% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Elite Advanced Laser that you should be aware of before investing here.

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