Earnings Alerts

Accton Technology (2345) Earnings: FY Net Income Misses Expectations

  • Accton Tech’s net income for the fiscal year missed estimates, coming in at NT$8.92 billion instead of the estimated NT$11.94 billion.
  • The company’s operating profit was NT$11.50 billion.
  • Earnings per share (EPS) were also below estimates. The EPS was NT$15.99, compared to the estimated NT$21.22.
  • Revenue was NT$84.19 billion, falling short of the estimated NT$99.85 billion.
  • In terms of analyst ratings, there were 11 buys, 2 holds, and 0 sells for Accton Tech.

A look at Accton Technology Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Accton Technology Corporation, a company that specializes in computer network system products, has a bright long-term outlook based on the Smartkarma Smart Scores. With a value score of 2 and a dividend score of 2, the company shows potential for growth and profitability. Additionally, Accton Technology scores a 4 in growth, indicating potential for expansion and development in the future. With a resilience score of 5, the company is well-positioned to weather any challenges that may arise. A momentum score of 3 further adds to the positive outlook for Accton Technology, indicating a positive trend in the company’s performance. Overall, Accton Technology‘s scores indicate a promising future for the company.

Accton Technology Corporation, a leader in the production and distribution of computer network system products, has a strong long-term outlook as reflected in the Smartkarma Smart Scores. The company’s focus on research and development, manufacturing, and marketing of network equipment such as adapters, hubs, switches, routers, and bridges has resulted in a growth score of 4, showcasing its potential for expansion. With a resilience score of 5, Accton Technology has proven its ability to withstand challenges and maintain steady performance. A momentum score of 3 further solidifies the company’s positive outlook. Overall, Accton Technology‘s Smart Scores highlight its strong position in the market and future potential for growth and success.


Disclaimer: This article by Smartkarma is general in nature and 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. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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