Powerchip Semiconductor Manufacturing Third Quarter 2024 Earnings: EPS Beats Expectations

Powerchip Semiconductor Manufacturing (TWSE:6770) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$11.7b (up 12% from 3Q 2023).
• Net loss: NT$2.88b (loss widened by NT$2.55b from 3Q 2023).
• NT$0.69 loss per share (further deteriorated from NT$0.082 loss in 3Q 2023).

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

Powerchip Semiconductor Manufacturing EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.0%.

Looking ahead, revenue is forecast to grow 12% 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 up 1.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Powerchip Semiconductor Manufacturing's balance sheet health.

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