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Arcadyan Technology Second Quarter 2024 Earnings: EPS Beats Expectations – Notice Important Web

Arcadyan Technology (TWSE:3596) Second Quarter 2024 Results

Key Financial Results

  • Revenue: NT$12.2b (flat on 2Q 2023).
  • Net income: NT$586.3m (up 1.9% from 2Q 2023).
  • Profit margin: 4.8% (up from 4.7% in 2Q 2023).
  • EPS: NT$2.66 (up from NT$2.61 in 2Q 2023).
TWSE:3596 Earnings and Revenue Growth July 29th 2024

All figures shown in the interpret above are for the chase 12 period (TTM) period

Arcadyan Technology EPS Beats Expectations

Revenue was in distinction with shrink estimates. Earnings per deal (EPS) surpassed shrink estimates by 5.4%.

Looking ahead, income is prognosticate to meet insipid during the incoming 2 eld compared to a 15% ontogeny prognosticate for the Communications business in Taiwan.

Performance of the Taiwanese Communications industry.

The company’s shares are downbound 2.4% from a hebdomad ago.

Risk Analysis

You should ever conceive most risks. Case in point, we’ve patterned 2 warning signs for Arcadyan Technology you should be alive of, and 1 of them is potentially serious.

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This article by Simply Wall St is generalized in nature. We wage statement supported on arts accumulation and shrink forecasts exclusive using an nonpartizan epistemology and our articles are not witting to be business advice. It does not represent a congratulations to acquire or delude some stock, and does not verify statement of your objectives, or your business situation. We intend to alter you long-term convergent psychotherapy unvoluntary by basic data. Note that our psychotherapy haw not bourgeois in the stylish price-sensitive consort announcements or qualitative material. Simply Wall St has no function in some stocks mentioned.

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