ASE Technology Holding Full Year 2024 Earnings: EPS Misses Expectations

ASE Technology Holding (TWSE:3711) Full Year 2024 Results

Key Financial Results

• Revenue: NT$595.4b (up 2.3% from FY 2023).
• Net income: NT$32.5b (up 2.4% from FY 2023).
• Profit margin: 5.5% (in line with FY 2023).
• EPS: NT$7.52 (up from NT$7.39 in FY 2023).

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

ASE Technology Holding EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's shares are up 6.1% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for ASE Technology Holding that you need to take into consideration.

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