Msscorps Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags

Msscorps (TWSE:6830) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$518.5m (up 3.7% from 3Q 2023).
• Net income: NT$13.6m (down 81% from 3Q 2023).
• Profit margin: 2.6% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$0.28 (down from NT$1.54 in 3Q 2023).

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

Msscorps Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 75%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 2 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 8.5% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for Msscorps (3 are significant!) that you need to be mindful of.

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