Marketech International Third Quarter 2024 Earnings: EPS Misses Expectations

Marketech International (TWSE:6196) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$15.6b (up 15% from 3Q 2023).
• Net income: NT$538.7m (down 6.6% from 3Q 2023).
• Profit margin: 3.5% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$2.68 (down from NT$2.92 in 3Q 2023).

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

Marketech International EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 8.6% 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 down 2.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for Marketech International that you need to take into consideration.

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