AP Memory Technology Second Quarter 2024 Earnings: EPS: NT$2.28 (vs NT$2.98 in 2Q 2023)

AP Memory Technology (TWSE:6531) Second Quarter 2024 Results

Key Financial Results

• Revenue: NT$944.8m (down 14% from 2Q 2023).
• Net income: NT$370.4m (down 23% from 2Q 2023).
• Profit margin: 39% (down from 44% in 2Q 2023).
• EPS: NT$2.28 (down from NT$2.98 in 2Q 2023).

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

AP Memory Technology Earnings Insights

Looking ahead, revenue is forecast to grow 36% 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 7.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for AP Memory Technology you should know about.

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