Elite Advanced Laser Third Quarter 2024 Earnings: EPS: NT$1.04 (vs NT$0.14 loss in 3Q 2023)

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

Key Financial Results

• Revenue: NT$2.10b (up 49% from 3Q 2023).
• Net income: NT$151.0m (up from NT$21.1m loss in 3Q 2023).
• Profit margin: 7.2% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: NT$1.04 (up from NT$0.14 loss in 3Q 2023).

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

Elite Advanced Laser Earnings Insights

Looking ahead, revenue is forecast to grow 69% 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 8.5% from a week ago.

Risk Analysis

Be aware that Elite Advanced Laser is showing 1 warning sign in our investment analysis that you should know about...

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