Alpha Networks Third Quarter 2024 Earnings: NT$0.05 loss per share (vs NT$0.15 profit in 3Q 2023)

Alpha Networks (TWSE:3380) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$4.95b (down 16% from 3Q 2023).
• Net loss: NT$28.0m (down by 134% from NT$83.4m profit in 3Q 2023).
• NT$0.05 loss per share (down from NT$0.15 profit in 3Q 2023).

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

Alpha Networks Earnings Insights

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Communications industry in Taiwan.

Performance of the Taiwanese Communications industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Alpha Networks has 2 warning signs we think you should be aware of.

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