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Arima Communications Second Quarter 2024 Earnings: NT$0.47 loss per share (vs NT$0.74 loss in 2Q 2023)
Arima Communications (TWSE:8101) Second Quarter 2024 Results
Key Financial Results
- Revenue: NT$14.8m (down 63% from 2Q 2023).
- Net loss: NT$34.5m (loss narrowed by 36% from 2Q 2023).
- NT$0.47 loss per share (improved from NT$0.74 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Arima Communications shares are down 12% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Arima Communications (2 are potentially serious) you should be aware 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.
About TWSE:8101
Arima Communications
Engages in the manufacturing, processing, and sale of mobile phones and electronic components in Taiwan.
Low and slightly overvalued.