ASUSTeK Pc Inc. (OTCPK:ASUUY) Q3 2024 Earnings Convention Name November 8, 2024 3:00 AM ET
Firm Contributors
S.Y. Hsu – Co-CEO
Samson Hu – Co-CEO
Nick Wu – CFO
Convention Name Contributors
Operator
Whats up, welcome to the ASUS Quarter 3 2024 On-line Investor Convention. As we speak’s convention will probably be held by ASUSTeK Pc, Co-CEO, S.Y. Hsu; and Samson Hu; alongside CFO, Nick Wu. The convention will probably be divided into two elements.
Within the first half, CFO, Nick Wu will begin by outlining our quarter three monetary outcomes. Subsequent, our two Co-CEOs will go over our operational methods and enterprise outlooks for ASUS.
For the second half, we will probably be conducting a Q&A session. You might be welcome to lift any questions you might need within the panel on the left facet of the webpage, questions will probably be collected and answered.
Allow us to begin with the presentation from CFO, Mr. Nick Wu.
Nick Wu
Good afternoon, everybody.
Please enable the workforce to ensure that the slide numbers within the supplies will distributed or in line with those that I’ve. Please enable us a second to ensure that the web page numbers are aligned. Okay.
Then please flip to Slide quantity 5. Right here we’ve got an outline of ASUS model revenue assertion for quarter three 2024, income in quarter three reached TWD156.7 billion, a quarter-over-quarter improve of 15% and year-over-year improve of 24%.
Working revenue got here in at TWD11.1 billion, up 4% from the earlier quarter and 32% from final yr.
Internet revenue after tax was TWD12.5 billion, representing a quarterly development of 6% and an annual development of 13%.
Earnings per share for the third quarter had been TWD16.8, gross margin was 17.1% and the working margin was 7.1%. This can be a vital wonderful efficiency. We now have considerably outperformed our earlier forecast on each operational and
