Earnings Alerts

Silergy Corp (6415) Earnings Miss Estimates with FY Net Income and Operating Loss

  • Silergy’s net income for the fiscal year was NT$746.0 million, which was lower than the estimated NT$915.1 million.
  • The company reported an operating loss of NT$486.4 million.
  • Earnings per share (EPS) came in at NT$1.96, which was less than the predicted NT$2.42.
  • Revenue for the year was NT$15.43 billion, slightly below the estimate of NT$15.49 billion.
  • There were 10 buys, 6 holds, and 6 sells of the company’s stock.

Silergy Corp on Smartkarma

Silergy Corp (6415.TT) has been receiving positive analyst coverage on Smartkarma, an independent investment research network. According to analyst Patrick Liao, the semiconductor cycle is expected to reach its bottom in the first quarter of 2024, with a pickup likely in the second quarter. Changes in Silergy’s management have not affected the situation. Liao also believes that investing in Silergy is favorable, as the company may raise prices by 15% in the Chinese market.

In another report, Liao mentions that Silergy is expected to see slight growth in the fourth quarter of 2023, with short-term growth coming from the demand for new smartphones and long-term growth from the automotive, new energy, and high-performance computing sectors. He also predicts that the company’s revenue could increase by 17% in the fourth quarter of 2023 and reach double digits in the automotive segment by the end of 2024.


A look at Silergy Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience5
Momentum5
OVERALL SMART SCORE3.4

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

Silergy Corp, a company that designs and manufactures high performance analog integrated circuits, has received a favorable long-term outlook based on the Smartkarma Smart Scores. With a score of 5 for both resilience and momentum, Silergy Corp is showing strong potential for future growth and stability. This is further supported by a score of 3 for growth, indicating that the company has a positive trajectory for expansion. While the scores for value and dividend are slightly lower at 2, this does not detract from the overall positive outlook for Silergy Corp.

As a leader in the production of various types of regulators, power management ICs, and LED lighting controllers, Silergy Corp is well positioned to continue its success in the market. The company’s diverse product line and dedication to high performance have contributed to its strong scores in resilience and momentum. With a focus on growth and a commitment to providing reliable products, Silergy Corp is poised for long-term success in the industry.


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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