Stock Analysis

Holtek Semiconductor First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

May 03, 2024

Holtek Semiconductor (TWSE:6202) First Quarter 2024 Results

Key Financial Results

Revenue: NT$443.5m (down 42% from 1Q 2023).
Net loss: NT$45.3m (down by 223% from NT$36.7m profit in 1Q 2023).
NT$0.20 loss per share (down from NT$0.16 profit in 1Q 2023).

earnings-and-revenue-growth — TWSE:6202 Earnings and Revenue Growth May 3rd 2024

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

Holtek Semiconductor EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) exceeded analyst estimates by 62%.

Looking ahead, revenue is forecast to grow 34% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's shares are up 1.0% from a week ago.

Risk Analysis

Be aware that Holtek Semiconductor is showing 2 warning signs in our investment analysis and 1 of those can't be ignored...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.