Stock Analysis

uPI Semiconductor Second Quarter 2024 Earnings: Beats Expectations

TWSE:6719
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uPI Semiconductor (TWSE:6719) Second Quarter 2024 Results

Key Financial Results

  • Revenue: NT$921.8m (up 16% from 2Q 2023).
  • Net income: NT$97.1m (up 299% from 2Q 2023).
  • Profit margin: 11% (up from 3.1% in 2Q 2023). The increase in margin was driven by higher revenue.
  • EPS: NT$1.07 (up from NT$0.30 in 2Q 2023).
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TWSE:6719 Earnings and Revenue Growth October 13th 2024

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

uPI Semiconductor Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 7.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.7%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% 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 don't want to rain on the parade too much, but we did also find 1 warning sign for uPI Semiconductor that you need to be mindful of.

Valuation is complex, but we're here to simplify it.

Discover if uPI Semiconductor might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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