Radium Semiconductor (TWSE:3592) Q2 2024 results
Key Financial Results
Revenue: NT$6.45 billion (up 36% from Q2 2023). Net profit: NT$591.4 million (up 41% from Q2 2023). Margin: 9.2% (up from 8.9% in Q2 2023). The increase in margin is due to increased revenue. Earnings per share: NT$7.80 (up from NT$5.55 in Q2 2023).
All figures shown in the chart above are for the trailing twelve month (TTM) period.
Radium Semiconductor’s sales and profits beat expectations
Revenues beat analyst expectations by 1.9%. Earnings per share (EPS) also beat analyst expectations by 8.6%.
Looking ahead, revenues are expected to grow by an average of 12% over the next three years, while Taiwan’s semiconductor industry is expected to grow by 16%.
Taiwan’s semiconductor industry performance.
The company’s shares are down 6.9% from a week ago.
Risk Analysis
Don’t forget that there may still be risks involved – for example, we’ve identified 1 warning sign for Raydium Semiconductor you should be aware of.
New Feature: AI Stock Screener and Alerts
Our new AI stock screener scans the market daily to find opportunities.
• Companies with strong dividend yields (yields of 3% or more)
• Undervalued small cap stocks due to insider buying
• Fast-growing technology and AI companies
Or you can build your own indicator from over 50 available.
Try it free now
Have feedback about this article? Concerns about the content? Please contact us directly or email us at editorial-team (at) simplywallst.com.
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.
