PCL Technologies Third Quarter 2024 Earnings: Beats Expectations

PCL Technologies (TWSE:4977) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$357.6m (up 55% from 3Q 2023).
• Net income: NT$89.2m (up 175% from 3Q 2023).
• Profit margin: 25% (up from 14% in 3Q 2023).
• EPS: NT$1.11 (up from NT$0.40 in 3Q 2023).

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

PCL Technologies Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 30%. Earnings per share (EPS) also surpassed analyst estimates.

Looking ahead, revenue is forecast to grow 47% 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 down 5.6% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for PCL Technologies (3 are potentially serious!) that you should be aware of before investing here.

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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.