Alchip Technologies Third Quarter 2024 Earnings: EPS Beats Expectations

Alchip Technologies (TWSE:3661) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$14.8b (up 95% from 3Q 2023).
• Net income: NT$1.79b (up 102% from 3Q 2023).
• Profit margin: 12% (in line with 3Q 2023).
• EPS: NT$22.46 (up from NT$12.03 in 3Q 2023).

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

Alchip Technologies EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%.

Looking ahead, revenue is forecast to grow 23% 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 5.9% from a week ago.

Risk Analysis

Be aware that Alchip Technologies is showing 3 warning signs in our investment analysis and 2 of those are a bit unpleasant...

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