PCL Technologies (TWSE:4977) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$203.9m (down 62% from 2Q 2023).
- Net loss: NT$1.57m (down by 101% from NT$128.1m profit in 2Q 2023).
- NT$0.02 loss per share (down from NT$1.60 profit in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
PCL Technologies Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 16%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 73% 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 3.7% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with PCL Technologies, and understanding them should be part of your investment process.
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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:4977
PCL Technologies
Researches, manufactures, and sells optical transceiver products in Taiwan and internationally.
High growth potential with excellent balance sheet.
