uPI Semiconductor Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

uPI Semiconductor (TWSE:6719) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$994.6m (up 38% from 3Q 2023).
• Net income: NT$20.5m (down 48% from 3Q 2023).
• Profit margin: 2.1% (down from 5.5% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$0.20 (down from NT$0.49 in 3Q 2023).

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

uPI Semiconductor Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 81%.

Looking ahead, revenue is forecast to grow 17% 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 shares are down 4.3% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with uPI Semiconductor.

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