Raydium Semiconductor Third Quarter 2024 Earnings: Revenues Disappoint

Raydium Semiconductor (TWSE:3592) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$6.20b (up 24% from 3Q 2023).
• Net income: NT$537.2m (up 22% from 3Q 2023).
• Profit margin: 8.7% (down from 8.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$7.08 (up from NT$5.82 in 3Q 2023).

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

Raydium Semiconductor Revenues Disappoint

Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's shares are up 2.9% from a week ago.

Risk Analysis

Be aware that Raydium Semiconductor is showing 1 warning sign in our investment analysis that you should know about...

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