Genius Electronic OpticalLtd Third Quarter 2024 Earnings: Misses Expectations

Simply Wall St

November 15, 2024

Genius Electronic OpticalLtd (TWSE:3406) Third Quarter 2024 Results

Key Financial Results

Revenue: NT$7.49b (down 15% from 3Q 2023).
Net income: NT$1.38b (down 12% from 3Q 2023).
Profit margin: 18% (in line with 3Q 2023).
EPS: NT$12.22 (down from NT$13.92 in 3Q 2023).

earnings-and-revenue-growth — TWSE:3406 Earnings and Revenue Growth November 15th 2024

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

Genius Electronic OpticalLtd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 2.2%.

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 1.8% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Genius Electronic OpticalLtd you should be aware of.

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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.