Stock Analysis

Getac Holdings Second Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

TWSE:3005
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Getac Holdings (TWSE:3005) Second Quarter 2024 Results

Key Financial Results

  • Revenue: NT$8.65b (flat on 2Q 2023).
  • Net income: NT$1.15b (up 13% from 2Q 2023).
  • Profit margin: 13% (up from 12% in 2Q 2023).
  • EPS: NT$1.89 (up from NT$1.68 in 2Q 2023).
earnings-and-revenue-growth
TWSE:3005 Earnings and Revenue Growth August 18th 2024

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

Getac Holdings EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) exceeded analyst estimates by 12%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Tech industry in Taiwan.

Performance of the Taiwanese Tech industry.

The company's shares are up 7.8% from a week ago.

Risk Analysis

Be aware that Getac Holdings is showing 1 warning sign in our investment analysis that you should know about...

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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.