Yield Microelectronics Second Quarter 2024 Earnings: Misses Expectations

Yield Microelectronics (TWSE:6423) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$45.0m (up 13% from 2Q 2023).
• Net loss: NT$4.12m (down by 229% from NT$3.18m profit in 2Q 2023).
• NT$0.15 loss per share (down from NT$0.12 profit in 2Q 2023).

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

Yield Microelectronics Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 32%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan.

Performance of the Taiwanese Semiconductor industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Yield Microelectronics that you should be aware of before investing here.

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