Arcadian Technology (TWSE:3596) Q2 2024 Earnings
Key Financial Results
Revenue: NT$12.2 billion (same as Q2 2023). Net profit: NT$586.3 million (up 1.9% from Q2 2023). Margin: 4.8% (up from 4.7% in Q2 2023). Earnings per share: NT$2.66 (up from NT$2.61 in Q2 2023). TWSE:3596 Earnings and Revenue Growth July 29, 2024
All figures shown in the chart above are for the trailing twelve month (TTM) period.
Arcadian Technology EPS beats expectations
Revenues were in line with analyst expectations. Earnings per share (EPS) beat analyst expectations by 5.4%.
Looking ahead, Taiwan’s telecom industry is expected to grow by 15%, while revenues are expected to remain flat for the next two years.
Taiwan’s telecommunications industry performance.
The company’s shares are down 2.4% from a week ago.
Risk Analysis
You should always think about risks, as an example, we’ve spotted 2 warning signs for Arcadyan Technology you should be aware of, of which 1 is potentially serious.
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This article by Simply Wall St is of general nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell a stock, and does not take into account your objectives or financial situation. We aim to provide long-term analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any of the stocks mentioned herein.
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