Darfon Electronics (TWSE:8163) Third Quarter 2024 Results
Key Financial Results
- Revenue: NT$5.35b (down 22% from 3Q 2023).
- Net income: NT$189.4m (down 82% from 3Q 2023).
- Profit margin: 3.5% (down from 16% in 3Q 2023).
- EPS: NT$0.68 (down from NT$3.86 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Darfon Electronics Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 36%.
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Tech industry in Taiwan.
Performance of the Taiwanese Tech industry.
The company's shares are down 4.3% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 3 warning signs for Darfon Electronics that 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:8163
Darfon Electronics
Provides eco-friendly technologies for IT peripherals, passive components, and green energy solutions.
Excellent balance sheet, good value and pays a dividend.
