Stock Analysis
- Taiwan
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- Electronic Equipment and Components
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- TWSE:3406
Genius Electronic OpticalLtd Second Quarter 2024 Earnings: Beats Expectations
Genius Electronic OpticalLtd (TWSE:3406) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$4.99b (up 87% from 2Q 2023).
- Net income: NT$999.7m (up by NT$887.7m from 2Q 2023).
- Profit margin: 20% (up from 4.2% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: NT$8.87 (up from NT$0.99 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Genius Electronic OpticalLtd Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 103%.
Looking ahead, revenue is forecast to grow 4.7% 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 up 4.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Genius Electronic OpticalLtd you should be aware of, and 1 of them is concerning.
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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.
About TWSE:3406
Genius Electronic OpticalLtd
An investment holding company, manufactures and sells optical instruments, mold, lighting equipment, and related spare parts in Taiwan and China.