Stock Analysis
- Taiwan
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- Electronic Equipment and Components
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- TWSE:3454
Vivotek First Quarter 2024 Earnings: Misses Expectations
Vivotek (TWSE:3454) First Quarter 2024 Results
Key Financial Results
- Revenue: NT$1.58b (down 35% from 1Q 2023).
- Net income: NT$1.94m (down 99% from 1Q 2023).
- Profit margin: 0.1% (down from 5.4% in 1Q 2023).
- EPS: NT$0.02 (down from NT$1.52 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vivotek Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 31%. Earnings per share (EPS) also missed analyst estimates by 98%.
Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan.
Performance of the Taiwanese Electronic industry.
The company's shares are up 1.5% from a week ago.
Risk Analysis
Be aware that Vivotek is showing 3 warning signs in our investment analysis that you should know about...
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About TWSE:3454
Vivotek
Engages in manufacturing and sale of video compression software and encoding, network video servers, network cameras, and related components.
Flawless balance sheet with reasonable growth potential.