Arcadyan Technology Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

November 05, 2024

Arcadyan Technology (TWSE:3596) Third Quarter 2024 Results

Key Financial Results

Revenue: NT$12.2b (down 12% from 3Q 2023).
Net income: NT$657.7m (down 4.4% from 3Q 2023).
Profit margin: 5.4% (up from 5.0% in 3Q 2023). The increase in margin was driven by lower expenses.
EPS: NT$2.98 (down from NT$3.12 in 3Q 2023).

earnings-and-revenue-growth — TWSE:3596 Earnings and Revenue Growth November 5th 2024

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

Arcadyan Technology EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 14%.

Looking ahead, revenue is forecast to grow 4.5% 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 shares are up 2.8% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Arcadyan Technology that you need to be mindful 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.