TaiSol Electronics Third Quarter 2024 Earnings: Revenues Miss Expectations

TaiSol Electronics (TWSE:3338) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$929.5m (down 11% from 3Q 2023).
• Net income: NT$40.9m (down 52% from 3Q 2023).
• Profit margin: 4.4% (down from 8.2% in 3Q 2023). The decrease in margin was driven by lower revenue.

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

TaiSol Electronics Revenues Disappoint

Revenue missed analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 38% 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 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 TaiSol Electronics that you should be aware of.

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