Silergy Second Quarter 2024 Earnings: EPS: NT$1.46 (vs NT$0.27 loss in 2Q 2023)

Silergy (TWSE:6415) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$4.62b (up 28% from 2Q 2023).
• Net income: NT$560.6m (up from NT$103.1m loss in 2Q 2023).
• Profit margin: 12% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue.
• EPS: NT$1.46 (up from NT$0.27 loss in 2Q 2023).

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

Silergy Earnings Insights

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's shares are down 4.9% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Silergy that you should be aware of before investing here.

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