CMC Magnetics Third Quarter 2024 Earnings: NT$0.66 loss per share (vs NT$0.97 loss in 3Q 2023)

CMC Magnetics (TWSE:2323) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$1.91b (down 3.1% from 3Q 2023).
• Net loss: NT$719.9m (loss narrowed by 32% from 3Q 2023).
• NT$0.66 loss per share (improved from NT$0.97 loss in 3Q 2023).

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

CMC Magnetics shares are down 1.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for CMC Magnetics you should be aware of, and 1 of them can't be ignored.

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