Global Mixed-Mode Technology Third Quarter 2024 Earnings: Beats Expectations

Global Mixed-Mode Technology (TWSE:8081) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$2.28b (up 1.6% from 3Q 2023).
• Net income: NT$414.2m (down 21% from 3Q 2023).
• Profit margin: 18% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: NT$4.83 (down from NT$6.09 in 3Q 2023).

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

Global Mixed-Mode Technology Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 6.0%. Earnings per share (EPS) also surpassed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 7.8% 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 1.1% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Global Mixed-Mode Technology's balance sheet and an in-depth analysis of the company's financial position.

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