Stock Analysis
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RITEK Third Quarter 2024 Earnings: NT$0.01 loss per share (vs NT$0.17 loss in 3Q 2023)
RITEK (TWSE:2349) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.82b (down 9.4% from 3Q 2023).
- Net loss: NT$8.36m (loss narrowed by 93% from 3Q 2023).
- NT$0.01 loss per share (improved from NT$0.17 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
RITEK shares are up 9.6% from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 1 warning sign for RITEK that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TWSE:2349
RITEK
Manufactures, processes, sells, import, and export of optical information and memory products, and related equipment in Taiwan, the United States, rest of Asia, Europe, Africa, Oceania, and internationally.
