G-TECH Optoelectronics Third Quarter 2024 Earnings: NT$0.27 loss per share (vs NT$0.17 loss in 3Q 2023)

Simply Wall St

November 18, 2024

G-TECH Optoelectronics (TWSE:3149) Third Quarter 2024 Results

Key Financial Results

Revenue: NT$639.3m (up 32% from 3Q 2023).
Net loss: NT$50.3m (loss widened by 101% from 3Q 2023).
NT$0.27 loss per share (further deteriorated from NT$0.17 loss in 3Q 2023).

earnings-and-revenue-history — TWSE:3149 Earnings and Revenue History November 18th 2024

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

G-TECH Optoelectronics Earnings Insights

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 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 8.1% from a week ago.

Risk Analysis

You still need to take note of risks, for example - G-TECH Optoelectronics has 3 warning signs (and 2 which shouldn't be ignored) we think 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.