Stock Analysis

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

TWSE:6531
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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).
earnings-and-revenue-growth
TWSE:6531 Earnings and Revenue Growth August 10th 2024

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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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.