Holtek Semiconductor Third Quarter 2024 Earnings: Misses Expectations

Holtek Semiconductor (TWSE:6202) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$683.3m (up 8.2% from 3Q 2023).
• Net loss: NT$72.7m (down by 299% from NT$36.5m profit in 3Q 2023).
• NT$0.32 loss per share (down from NT$0.16 profit in 3Q 2023).

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

Holtek Semiconductor Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 36% 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 1.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Holtek Semiconductor's balance sheet.

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