Nanya Technology (TWSE:2408) 2024 Q1 Results

Main financial results

  • Revenue: NT$9.5 billion (up 48% from Q1 2023).
  • Net loss: NT$1.21 billion (loss reduced by 28% from Q1 2023).
  • Loss of NT$0.39 per share (improved from loss of NT$0.54 in Q1 2023).
Profit and revenue growth
TWSE:2408 Earnings and Revenue Growth April 12, 2024

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

Nanya Technology's sales and profits fall below expectations

Sales were 1.8% lower than analysts expected. Earnings per share (EPS) also fell 1.9% below analyst expectations.

Looking ahead, revenue is expected to increase by an average of 36% per year over the next three years, compared to a growth forecast of 15% for Taiwan's semiconductor industry.

performance of Taiwan's semiconductor industry.

The company's stock rose 5.3% from the previous week.

risk analysis

Remember, there may still be risks. For example, we identified 1 warning sign for Nanya Technology What you need to know.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodologies, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.



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