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

AUO (TWSE:2409) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$77.7b (up 11% from 3Q 2023).
• Net loss: NT$925.7m (loss narrowed by 5.1% from 3Q 2023).
• NT$0.12 loss per share (improved from NT$0.13 loss in 3Q 2023).

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

AUO Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan.

Performance of the Taiwanese Electronic industry.

The company's shares are down 2.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for AUO that you should be aware of.

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