Earnings Alerts

IFlytek Co Ltd A (002230) Earnings: 3Q Net Income of 57M Yuan Amid 14.8B Nine-Month Revenue

By October 18, 2024 No Comments
  • For the third quarter, Iflytek reported a net income of 57.0 million yuan.
  • The company’s revenue for the third quarter was 5.52 billion yuan.
  • Earnings per share for the third quarter stood at 2.420 RMB cents.
  • Over the first nine months, Iflytek faced a net loss of 343.7 million yuan.
  • Total revenue for the nine-month period amounted to 14.8 billion yuan.
  • The loss per share for the nine-month period was recorded at 14.83 RMB cents.
  • Market recommendations include 30 buys, 6 holds, and 1 sell for Iflytek’s stock.

A look at IFlytek Co Ltd A Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth2
Resilience2
Momentum3
OVERALL SMART SCORE2.2

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

IFlytek Co Ltd A, a company specializing in speech intelligence and artificial intelligence technology, has been assigned a range of Smartkarma Smart Scores indicating its long-term outlook. With a balanced score of 2 across Value, Dividend, Growth, and Resilience factors, the company shows steady fundamentals. Additionally, the score of 3 in Momentum suggests potential positive market sentiment and growth prospects ahead.

IFlytek Co Ltd A is known for its expertise in speech intelligence and artificial intelligence technology. Beyond this, the company also delves into chip products, voice messaging software, and e-government system integration software. This diverse range of offerings positions IFlytek Co Ltd A as a versatile player in the evolving tech landscape, potentially paving the way for future growth and innovation.


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.
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