Wiwynn Third Quarter 2024 Earnings: Beats Expectations

Wiwynn (TWSE:6669) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$97.8b (up 85% from 3Q 2023).
• Net income: NT$6.33b (up 142% from 3Q 2023).
• Profit margin: 6.5% (up from 5.0% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: NT$34.36 (up from NT$14.96 in 3Q 2023).

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

Wiwynn Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 6.8%.

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan.

Performance of the Taiwanese Tech industry.

The company's shares are up 4.9% from a week ago.

Valuation

Wiwynn's financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Discover what analysts are forecasting and how the current share price shapes up by clicking here.

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