Topco ScientificLtd Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Topco ScientificLtd (TWSE:5434) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$15.4b (up 23% from 3Q 2023).
• Net income: NT$936.6m (up 18% from 3Q 2023).
• Profit margin: 6.1% (down from 6.3% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$4.93 (up from NT$4.25 in 3Q 2023).

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

Topco ScientificLtd Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) missed analyst estimates by 2.7%.

Looking ahead, revenue is forecast to grow 12% 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 3.8% from a week ago.

Risk Analysis

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

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